Under AASB 127,the test for the recognition of a subsidiary is:
A) ownership by the investor of 100% of the shares in another company
B) ownership by the investor of more than 50% of the shares in another company
C) power by the investor to control the investee
D) both B and C
Correct Answer:
Verified
Q18: Under AASB 139,in relation to financial assets,which
Q19: Under AASB 128,the quantitative test that normally
Q20: Under AASB 128,an entity,including an unincorporated entity
Q21: Explain:
i.the meaning of significant influence
ii.how AASB 128
Q22: Explain the nature of investment properties and
Q23: When an inter-corporate investment is always carried
Q24: Accounting for shares held by one company
Q25: On 1 July 20X0 Myall Ltd acquired
Q26: Discuss the essential characteristics of a joint
Q27: When the existence of a subsidiary is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents