Identify the Two Major Types of Intragroup Transactions and Explain

question 7

Essay

Identify the two major types of intragroup transactions and explain whether these types of transactions will affect the calculation of the NCI.

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Definitions:

Semi-floating

Describes a type of axle or bearing arrangement where the axle is partially supported by bearings or a bushing at one end, used in various mechanical applications to reduce stress and wear.

Full-floating

A type of axle design where the axle shaft only serves to transmit torque and does not bear the vehicle's weight, improving strength and durability.

Drive Axle Configurations

Drive axle configurations refer to the arrangement of the axles and wheels in a vehicle which affects its drive capabilities, such as 4x2, 6x4, etc.

Gearsets

Collections of gears working together to transmit power and change speed or direction in mechanical systems.