Question
Tutor, please help me giving all the answers with calculation and reasons! A. X Ltd. holds 51.4673% of Y Ltd., Y Ltd. holds 51.3752% of
Tutor, please help me giving all the answers with calculation and reasons!
A.
X Ltd. holds 51.4673% of Y Ltd.,
Y Ltd. holds 51.3752% of W Ltd.,
Z Ltd. holds 49.3652% of W. Ltd.
Who are Related Parties?
(Hint) Related Party definition:
Related party is a person or entity that is related to the reporting entity that is an entity that prepares financial statements.
A person or close family member is related to reporting entity if that individual:
Has control or joint control over the reporting entity.
i. X is related to Y
ii. Y is related to W
iii. X is related to W
iv. X, Y and Z all are related to each other
B. The crucial target of monetary bookkeeping is to:
i. Provide quantitative data to clients of monetary frameworks
ii. Satisfy the bona fide basics
iii. Report pay to the monetary benefactors
iv. Satisfy posting necessities of stock trades
C. Information about execution is uncovered by:
i. Balance sheet
ii. Statement of pay rates
iii. Profit and occurrence record
iv. Both (I) and (ii)
D. The inhabitant's advantage to recuperate the short working is identified with:
i. First five years
ii. Last three years
iii. Terms of the arrangement
iv. None of the recently referenced.
E. In the books of occupant, short undertakings recoverable in future years are:
i. A pay cost
ii. A typical episode
iii. An resource
iv. A danger.
F. The yield of monetary bookkeeping is
i. The appraisal of bookkeeping pay
ii. The appraisal of open pay
iii. The status of expenditure reports
iv. The arrangement of cash related Position
G. The yield of monetary bookkeeping is
i) The evaluation of bookkeeping pay
ii) The evaluation of open remuneration
iii) The strategy of expenditure reports
iv) The strategy of cash related Position
H. The essential goal of monetary bookkeeping is to :
i) Provide quantitative data to clients of monetary reports
ii) Satisfy the certifiable prerequisites
iii) Report pay to the monetary patrons
iv) Satisfy posting basics of stock trades
I. Information about execution is revealed by :
i) Balance sheet
ii) Statement of pay rates
iii) Profit and misfortune account
iv) Both (I) and (ii)
J. The occupant's advantage to recuperate the short working is identified with :
i) First five years
ii) Last three years
iii) Terms of the arrangement
iv) None of the recently referenced.
K. Profit or difficulty for the time span joins
i) Ordinary works out
ii) Extraordinary works out
iii) Prior period things
iv) All the recently referenced
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