Question: Entities can have both upstream and downstream transactions. How would these transfers affect the consolidation process? Multiple Choice Upstream and downstream transfers have no effect

Entities can have both upstream and downstream transactions. How would these transfers affect the consolidation process?
Multiple Choice
Upstream and downstream transfers have no effect on the consolidation process.
Downstream have no effect because these transactions are made by the parent company.
Upstream transactions affect the computation of the Noncontrolling Interest in Subsidiary's Income.
No difference exists in the consolidation process for either downstream or upstream transactions.
Downstream transactions affect the computation of the Noncontrolling Interest in Subsidiary's Income.
Entities can have both upstream and downstream transactions. How would these

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