According to the Corporations Act 2001, a Small Proprietary Company

Multiple Choice

According to the Corporations Act 2001, a small proprietary company is one which satisfies at least two of the following tests: it must have consolidated revenue of less than $25 million, consolidated gross assets of less than $12.5 million and:

A) total liabilities of less than $10 million.
B) total liabilities of less than $20 million.
C) fewer than 100 employees at the end of the financial year.
D) fewer than 50 employees at the end of the financial year.