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Which of the following statements is correct? (a) Consolidated financial statements are required where a subsidiary undertaking controls its parent undertaking. (b) Consolidated financial statements

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Which of the following statements is correct? (a) Consolidated financial statements are required where a subsidiary undertaking controls its parent undertaking. (b) Consolidated financial statements are required where a parent undertaking controls its subsidiary undertaking. (c) The definition of 'dominant influence' is provided by the Companies Act 2006. (d) Control within a group of companies is identified solely by the proportion of shares held

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