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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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    The Order of Acquisition of Subsidiaries (I
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The Order of Acquisition of Subsidiaries (I

Question 30

Question 30

True/False

The order of acquisition of subsidiaries (i.e.,sequential or non-sequential)is of no consequence when it comes to calculating minority interests; they are calculated the same way regardless of the order:

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