Question: Whether inter - company inventory sales are upstream or downstream has no effect on consolidation procedures when Select one: A . the subsidiary is 1

Whether inter-company inventory sales are upstream or downstream has no effect on consolidation procedures when
Select one:
A. the subsidiary is 100% owned.
B. the goods are immediately resold to outsiders.
C. the goods are sold at cost.
D. a perpetual inventory system is used.
Whether inter-company inventory sales are upstream or downstream has no effect

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