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Which of the following is an example of an intra-group item which is cancelled out when preparing the group statement of comprehensive income? a. Interest payable by a subsidiary to its parent b. Management expenses charged by one subsidiary to another c. Administrative fees charged by a parent to a subsidiary d. All of the above
All of the above
d. All of the above, as all these transactions are between parent co and its subsidiaries, these transactions needs to knocked out while preparing the Group financial Statement
d. All of the above
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