Question 1 2 points Save Answer Question 1 As at the end of the reporting period, Teleco Ltd has gross operating revenue of $30 000 000 gross assets of $15 000 000 and 100 full-time employees who do not own shares in the organisation. (0) Is Teleco Ltd required by the Corporations Act to prepare financial statements that comply with accounting standards? (1 mark) Yes or No (ii) Justify your decision with an explanation in accordance with the Corporations Act. (1 mark) TTT Arial , 3 (12pt) T-5 - E S O 35 Path: P Words:0