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    Company Accounting
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    Exam 9: Consolidation: Controlled Entities
  5. Question
    Where an Entity Directly Holds More Than 50% of the Voting
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Where an Entity Directly Holds More Than 50% of the Voting

Question 34

Question 34

True/False

Where an entity directly holds more than 50% of the voting rights of another entity, they are presumed to have power in accordance with AASB 10/IFRS 10 Consolidated Financial Statements.

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