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1. According to PFRS 10, when is the parent not required to present consolidated financial statements that include all subsidiaries? 2. What are the basic

1. According to PFRS 10, when is the parent not required to present consolidated financial statements that include all subsidiaries?

2. What are the basic procedures in consolidating the financial statements of a parent and its subsidiaries?

3. What is the major difference between consolidation of financial statements of a parent and a wholly-owned subsidiary and consolidation of financial statements of a parent and partially-owned subsidiary?

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