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There are two companies Brown Ltd and Red Ltd. Brown Ltd provides information about its related party transactions in the financial reports whereas Red Ltd
There are two companies Brown Ltd and Red Ltd. Brown Ltd provides information about its related party transactions in the financial reports whereas Red Ltd does not provide any such information.
Do you think that an investor would view Brown Ltd more favourably compared to Red Ltd? Explain your answer as per the requirement in AASB124 Related party disclosures. (5 Mark Question)
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