If an entity owns directly or indirectly more than 50% of voting rights, control is presumed unless clearly proven that it is not control. Sometimes control exists, even if there is less than 50% of voting rightes exist. State which of the followings is/are example(s) of control even if voting power is less than 50%

A. Power to govern financial and operating policies under statute

B. Power to remove/appoint majority members of BOD that controls the entity

C. Power to cost majority of votes at meetings of BOD that controls the entity

D. All of the above

Answer: Option D