Solved

Suncorp Limited Acquired a 15% Interest in Milton Pty Ltd

Question 20

Multiple Choice

Suncorp Limited acquired a 15% interest in Milton Pty Ltd on 1 January 2014.On 15 September 2014 it acquired an additional 25% interest,and on 15 March 2015 a further 15%.Under AASB 3,a business combination occurs on:


A) 1 January 2014.
B) 15 September 2014.
C) 15 March 2015.
D) all of the above.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions