Which of the Following Situations,involving Eliminations as Part of the Consolidation

question 3

Multiple Choice

Which of the following situations,involving eliminations as part of the consolidation process,would not have implications for the calculation of non-controlling interest?

• A) the sale of a non-current asset by the subsidiary to the parent
• B) the payment of a management fee by the subsidiary to the parent
• C) the sale of inventory by the parent to the subsidiary
• D) the payment of a management fee by the subsidiary to the parent and the sale of inventory by the parent to the subsidiary

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Definitions:

Machine Access Control

A security technique that restricts the devices allowed to connect to a network based on their hardware addresses.

NIC

Network Interface Card, a hardware component that connects a computer to a network, enabling it to communicate with other computers and devices connected to the network.

Computer Network

An interconnected collection of autonomous computers that communicate to share resources and information.

Geographic Area

A specific portion of the Earth's surface defined by natural or administrative boundaries.