Company a Owns 51 Per Cent of the Issued Capital

question 39

True/False

Company A owns 51 per cent of the issued capital of Company B and Company A owns 60 per cent of the issued capital of Company
C. Company A controls both B and
C. If Company A sells inventory for $500,000 to Company C and Company C sells it to Company B for $600,000 and Company B sells it to an entity external to the group for $700,000, the amount of sales revenue to be recorded for that inventory for the group of companies is $1,560,000:

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Definitions:

Impression Management

The process by which individuals try to control the impressions others have of them.

Unethical

Actions or behavior that violate moral or professional norms, often associated with fairness, honesty, or respect for others.

Conditioned Stimulus

A previously neutral stimulus that, after being repeatedly associated with an unconditioned stimulus, starts to elicit a conditioned response.

Self-Esteem

An individual’s general feeling of self-worth.