Where the Financial Statements of a Subsidiary Are Prepared at a Date

Multiple Choice

Where the financial statements of a subsidiary are prepared at a date differing from that of the parent, the group must disclose:

A) the date used by the subsidiary.
B) the reason for the parent using a different date.
C) the reason for the subsidiary using a different date.
D) both the date used by the subsidiary as well as the reason for the subsidiary using a different date.