What Is the Term Used for Intercompany Transactions from a Parent

question 33

Multiple Choice

What is the term used for intercompany transactions from a parent to a subsidiary?

• A) Horizontal transfer
• B) Downstream transfer
• C) International transfer
• D) None of the above

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Definitions:

Sequential Method

A method of executing tasks or operations one after the other in a specified sequence.

Support Departments

Internal operational units within an organization that provide essential services or support to the primary revenue-generating functions.

Janitorial Department Costs

Expenses associated with maintaining the cleanliness and functionality of a company's physical premises, including salaries of custodial staff and cleaning supplies.

Sequential Method

A process of handling tasks one after another in a specific order.