In Accordance with Corporations Act,which of the Following Companies Will

question 38

Multiple Choice

In accordance with Corporations Act,which of the following companies will be required to conform to the Australian Accounting Standards in the preparation of their financial reports? Proprietary Company with revenues of $12 million,total assets of $4 million and number of employees totalling 80.
Proprietary Company with revenues of $6 million,total assets of $4 million and number of employees totalling 60.
Company listed on the stock exchange.
Company that issued a public debt
Reporting entities

• A) All of the given answers.
• B) I, II, III, and IV only.
• C) I, III, IV and V only.
• D) I, III and IV only.
• E) III, IV and V only.

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Definitions:

Well-balanced Meals

Meals that provide essential nutrients in adequate amounts to support overall health, including a balance of proteins, carbohydrates, fats, vitamins, and minerals.

Hypnotized

The state or condition of being induced into a trance, often intended for therapeutic purposes, marked by heightened focus and suggestibility.

Taste Sensitivity

The ability to detect and differentiate the five basic tastes: sweet, sour, bitter, salty, and umami.

Taste Buds

Sensory organs located on the tongue, responsible for the perception of taste.