Question completion Status QUESTION 3 15 points Chang Ltdowns 40% of Tweet Ltd. The CFO of Chang Ltd is a member of the board of directors of Tweet Ltd. The remaining 60% ownership is spread across a large number of shareholders. These shareholders live in various geographical locations such as India, USA and Japan. They trend AGMS. Tweet Lad has entered into a fixed 10 year binding contract with Chang Ltd, which requires Tweet Ltd to purchase 90% of its inventories from Changud. This is a beneficial arrangement for Tweet Ltd, as the selling price is always highly discounted. Required: Using the facts provided and references to AASB10, discuss whether Chang Ltd is required to prepare consolidated financial statements