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  3. Study Set
    Financial Accounting and Reporting
  4. Exam
    Exam 23: Further Consolidation Issues III: Accounting for Indirect Ownership Interest
  5. Question
    A Plc Owns 60 Per Cent of the Issued Capital
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A Plc Owns 60 Per Cent of the Issued Capital

Question 6

Question 6

True/False

A Plc owns 60 per cent of the issued capital of B Plc,B Plc owns 80 per cent of the issued capital of C Plc,and B Plc owns 70 per cent of the issued capital of D Plc.The ultimate parent entity is B Plc.

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