AASB 10 Consolidated Financial Statements,requires That Intragroup Transactions Be

question 8

Multiple Choice

AASB 10 Consolidated Financial Statements,requires that intragroup transactions be:

• A)eliminated on consolidation to the extent of the parent's interest in the subsidiary.
• B)adjusted for in the books of the parent and subsidiary to the extent of the parent's interest in the subsidiary.
• C)adjusted for in full in the books of the parent and subsidiary.
• D)eliminated in full on consolidation.