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    Australian Financial Accounting Study Set 1
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    Exam 31: Further Consolidation Issues III: Accounting for Indirect Ownershi
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    When a Parent Acquires Its Interest in an Intermediate Subsidiary
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When a Parent Acquires Its Interest in an Intermediate Subsidiary

Question 37

Question 37

True/False

When a parent acquires its interest in an intermediate subsidiary after the intermediate subsidiary acquires an interest its own subsidiary,this is referred to as a non-sequential acquisition:

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