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:

Syntax

Sets of rules for putting together words; proposed to be unique to human language.

Visual Area V4

A region of the brain within the visual cortex that processes color perception and is involved in recognizing shapes and objects.

Temporal Cortex

A region of the cerebral cortex located in the temporal lobe of the brain, associated with processing auditory information and memory.

Conscious Visual Knowledge

The awareness of visual information and understanding its meaning through the processing of sight.