12 . How does the complete equity method , used to facilitate consolidation in subsequent years , differ from the equity method used for external reporting ? a. The complete equity method adjusts reported income for impairment losses on previously unreported intangible assets , while the equity method used for external reporting does not ." D . The complete equity method deducts unconfirmed profits on upstream sales to the extent of ownership interests , while the equity method used for external reporting deducts all unconfirmed profits on upstream sales . C. The complete equity method deducts unconfirmed profits on downstream sales to the extent of ownership interests , while the equity method used for external reporting deducts all unconfirmed profits on downstream sales . d. The complete equity method adjusts for upstream and downstream unconfirmed profits , while the equity method used for external reporting does not make these adjustments