Where the Financial Statements of a Subsidiary Are Prepared at a Date

question 20

Multiple Choice

Where the financial statements of a subsidiary are prepared at a date differing from that of the parent, the group must disclose:

• A) the date used by the subsidiary.
• B) the reason for the parent using a different date.
• C) the reason for the subsidiary using a different date.
• D) both the date used by the subsidiary as well as the reason for the subsidiary using a different date.

---

Definitions:

Unwanted Pregnancy

A pregnancy that occurs without the intention or desire of the pregnant individual, which can impact their mental, physical, and social health.

Financial Problems

Issues related to managing money, including difficulties in maintaining sufficient funds to cover expenses and debts.

Adaptation

The process by which organisms adjust to changes in their environment to enhance survival and reproduction.

Coping

The process of managing taxing circumstances, expending effort to solve personal and interpersonal problems, and seeking to master, minimize, or tolerate stress or conflict.