Maria is one of the directors in Leo Limited, which is one the subsidiaries of Aries Limited. She also has a joint control with Mimi in Virgo Limited. In this circumstance, the followings are related parties to Leo Limited, except for:
A) Mimi;
B) Maria;
C) Aries Limited;
D) Virgo Limited.
Correct Answer:
Verified
Q4: Jon holds an investment in Voight Limited
Q5: John Berry is one of the non-executive
Q6: The latest version of IAS 24 is
Q8: An entity is related to a reporting
Q9: Disclosure of related parties is essential in
Q11: In the case where financial statements of
Q16: Two entities are not regarded as related
Q17: An entity in which an investor has
Q18: The following remuneration categories must be disclosed
Q20: The power to participate in the financial
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