A proprietary company will be classified as a ‘small’ proprietary company if a combination of the following elements is satisfied:单项选择题

A

Its gross operating revenue is less than $50 million for the financial year, and its gross assets are more than $25 million

B

Its gross assets are less than $25 million for the financial year, and its gross operating revenue is more than $50 million

C

The company has fewer than 100 employees for the financial year, and its gross operating revenue is more than $50 million

D

The company has fewer than 100 employees for the financial year, and its gross operating revenue is less than $50 million

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