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    Company Accounting Study Set 1
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    Exam 18: Consolidation: Controlled Entities
  5. Question
    Where a Parent Is Exempted from Preparing Consolidated Financial Statement
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Where a Parent Is Exempted from Preparing Consolidated Financial Statement

Question 2

Question 2

True/False

Where a parent is exempted from preparing consolidated financial statement under AASB 10 Consolidated Financial Statements,they are still required to present separate financial statements under AASB 127 Separate Financial Statements.

Correct Answer:

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