The Tests to Be Used for Determining If a Proprietary

The tests to be used for determining if a proprietary company will be classified as small rather than large include:

A) fewer than 50 full- time equivalent employees of the company or entities it controls at the end of the financial year
B) gross assets of the company and any entities it controls of less than $12.5 million at the end of the financial year
C) revenue of the company and any entities it controls of less than $25 million for the financial year
D) all of the above