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According to AASB 10/IFRS 10 Consolidated Financial Statements, All Parent

Question 40

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According to AASB 10/IFRS 10 Consolidated Financial Statements, all parent entities are required to present consolidated statements unless which of the following conditions apply to them? I The parent is a wholly owned subsidiary.
II The parent is a partly owned subsidiary and its other owners do not object to the non-presentation of consolidated financial statements.
III The parent's debt or equity securities are traded in a public market.
IV The parent is not in the process of applying to issue any securities in a public market.


A) I and II only
B) I, II and III only
C) I, II and IV only
D) I, II, III and IV

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