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CAS3701 assignment 9 solutions 2024

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CAS3701 assignment 9

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UNISA  2024  CAS3701-24-Y  Assessments  Assessment 9
QUIZ




Started on Thursday, 1 August 2024, 11:48 AM
State Finished
Completed on Thursday, 1 August 2024, 12:09 PM
Time taken 20 mins 44 secs

Question 1
Only one course of action should be considered in problem solving.
Complete

Marked out of
1.00
Select one:
True
False



Question 2
Complete
Professional accountants must be able to make decisions and

Marked out of solve problems using a non-questioning minsdet as well as
1.00
to think ahead and avoid bias.




Question 3
ABC Ltd holds a 55% interest in DEF Ltd. The Financial Manager would
Complete
like you to draft a memo discussing the classification of the investment
Marked out of
in DEF Ltd. What is the issue or problem to be solved in this scenario?
1.00




a. Should DEF Ltd be classified as a subsidiary?



b. What % interest do the other shareholders own?



c. Does ABC Ltd has an investment?



d. The Financial Manager has no knowledge of Group Accounting.

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