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QUESTION 3 Chang Ltdowns 40of Tweet Lid. The CFO of Changuis a member of the board of directors of Tweet The remaining om ownership is
QUESTION 3 Chang Ltdowns 40of Tweet Lid. The CFO of Changuis a member of the board of directors of Tweet The remaining om ownership is spread across a large number of shareholders. These shareholders live in arvous geographics such as USA. They attend AGMS. Tweet Ltd has entered into a fixed 10 year Dinding contract with Cang, which requires Tweed to purchase of us invertoestrom trang this arrangement for Tweet Ltd as the selling price is always highly discounted Required: Using the facts provided and references to AASB10 discuss whether Chang tid is required to prepare consolidated financial statements
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