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Which a business combination occurs on under aasb

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Reference no: EM132616543

Problem 1: AMP Limited acquired a 15% interest in Suncorp Pty Ltd on 1 January 2019. On 15 September 2019 it acquired an additional 25% interest, and on 15 March 2020 a further 15%. Under AASB 3/IFRS 3, a business combination occurs on:

Select one:

Option 1: 15 September 2019

Option 2: 1 January 2019

Option 3: all of the above

Option 4: 15 March 2020

Reference no: EM132616543

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