According to IFRS 12 Disclosure of Interests in Other Parties, parent entities are required to disclose:
I. Summarised financial information about each subsidiary.
II. A list of significant investments in subsidiaries.
III. If the subsidiary is not wholly owned, the names of all other members.
IV. The country of incorporation of subsidiaries.
A) I, II and IV only;
B) II, III and IV only;
C) I and IV only;
D) I, II, III and IV.

Question

Quizplus · Accepted Answer

IFRS 12 requires entities to disclose summarized financial information about each subsidiary (I), a list of significant investments in subsidiaries (II), and the country of incorporation of subsidiaries (IV). However, it does not specifically require the disclosure of the names of all other members if the subsidiary is not wholly owned (III).