A Group of Entities Comprised of Kerri Limited (Parent Entity)

question 50

Multiple Choice

A group of entities comprised of Kerri Limited (parent entity) , Georgia Limited (subsidiary entity) and Emily Limited (subsidiary entity) have the following inventory balances. - Kerri Limited $41 000
- Georgia Limited $14 000
- Emily Limited $12 000
Which of the following amounts is shown as the consolidated inventory balance in the consolidated financial statements?

• A) $12 000
• B) $14 000
• C) $26 000
• D) $67 000

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Definitions:

Circadian Control

The regulation of biological rhythms and processes in accordance with the 24-hour cycle of day and night.

Melatonin

A hormone produced by the pineal gland that regulates sleep-wake cycles, often used as a dietary supplement to aid sleep.

Physical Activity

Any movement of the body that requires energy expenditure, including everyday activities, exercise, and sports.

Sleep Cycles

Sleep cycles refer to the patterns of movement through different stages of sleep, including REM (rapid eye movement) and non-REM stages, which repeat approximately every 90 minutes in a typical night's sleep.