If a Parent Entity Chooses Not to Prepare Consolidated Financial

question 17

Multiple Choice

If a parent entity chooses not to prepare consolidated financial statements,AASB 127 Separate Financial Statements,requires the following disclosures in the separate financial statements of the parent:
I The name,country of residence and voting power of the directors of the parent.
II That the exemption from consolidation has been used.
III A list of significant investments including the proportion of ownership.
IV A description of the method used to account for the investments.

• A)I,II and IV only
• B)II,III and IV only
• C)II and III only
• D)IV only.

---

Definitions:

Blood pH

A measure of the acidity or alkalinity of the blood, which is tightly regulated to stay within the narrow range of 7.35 to 7.45.

External Nares

External nares are the nostrils, the external openings of the nasal cavity, responsible for the intake of air into the respiratory system.

Nasal Cavity

The large air-filled space above and behind the nose in the middle of the face, which filters, warms, and humidifies inhaled air.

Soft Palate

The Soft Palate is the soft tissue constituting the back of the roof of the mouth, separating the mouth from the nasopharynx, and is crucial in swallowing and speech.