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Which of the Following Statements Is Correct

Question 12

Multiple Choice

Which of the following statements is correct?


A) In a group or consolidated statement of financial position the share capital of the parent company and its subsidiaries are shown
B) In a group or consolidated statement of financial position the retained earnings of the parent company and its subsidiaries are shown
C) In a group or consolidated statement of financial position the figures for non-current assets and current assets of the parent company and its subsidiaries are added together
D) All of the above statements are correct

Correct Answer:

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