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  3. Study Set
    Australian Financial Accounting Study Set 1
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    Exam 31: Further Consolidation Issues III: Accounting for Indirect Ownershi
  5. Question
    A Ltd Owns 60 Per Cent of the Issued Capital
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A Ltd Owns 60 Per Cent of the Issued Capital

Question 27

Question 27

True/False

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

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