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