Which of the Following Statements Is Incorrect According to AASB

Multiple Choice

Which of the following statements is incorrect according to AASB 12?

A) Information that enables users of consolidated financial statements to evaluate the consequences of losing control of a subsidiary must be disclosed.
B) Where a subsidiary's financial statements are dated differently from that of its parent, the group only needs to disclose the date used by the subsidiary.
C) An entity needs to disclose significant judgements and assumptions it has made where it controls another entity but holds less than half of voting rights of the other entity.
D) Any risks associated with an entity's interests in other entities must be disclosed.