Examlex
Bowen Pty Ltd is a small proprietary company with seven directors.Four of the seven directors own 75% of the ordinary shares and the remaining shares are owned by family members of the directors.The company also has 15 trade creditors and an open line of credit with one state bank.Is Bowen Pty Ltd a reporting entity and hence required to prepare general-purpose financial reports?
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External Complexity
The degree of complexity in a project that arises from factors outside the organization, such as market conditions or regulations.
Project Management
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