In the Consolidation Worksheet for 2017, Which of the Following

question 3

Multiple Choice

In the consolidation worksheet for 2017, which of the following accounts would be credited to defer unrecognized intra-entity gross profit with regard to the 2017 intra-entity transfers?

• A) Retained earnings.
• B) Cost of goods sold.
• C) Inventory.
• D) Investment in Strickland Company.
• E) Sales.

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Definitions:

Risk for Falls

The likelihood that an individual may experience an unintentional descent from a higher to a lower position, potentially resulting in injury.

Hospitalized

The condition of being admitted to a hospital for treatment, observation, or care.

Prenatal Class

Educational sessions designed for expecting parents to prepare them for childbirth, newborn care, and early parenthood.

Safety Hazard

A condition that has the potential to cause injury, illness, or harm to people, property, or the environment.