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To Be Classified as 'Small' Under the Corporations Act a Proprietary

Question 5

Multiple Choice

To be classified as 'small' under the Corporations Act a Proprietary company must normally satisfy two out of three conditions.Which of these are two of those conditions?


A) Consolidated gross revenue less than $25 \$ 25 million and consolidated gross assets less than $12.5 \$ 12.5 million
B) Consolidated gross assets less than $12.5 \$ 12.5 million and fewer than 200 employees
C) Consolidated gross revenue less than $25 \$ 25 million and less than 200 employees
D) Consolidated gross assets less than $5 \$ 5 million and less than 50 employees

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