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a) Prepare a schedule of intercompany profits as at December 31, 2017 for both companies.
b) Compute the amount of deferred taxes that should appear on the December 31, 2017 Consolidated Balance Sheet.
Categorical Information
refers to data or information that is divided into specific categories or groups based on shared characteristics.
Dimensional Information
Data or knowledge that can be measured along different dimensions or scales, often used in assessing or categorizing phenomena.
Validity
The extent to which a concept, conclusion or measurement is well-founded and corresponds accurately to the real world.
Reliability
In research and testing, it refers to the consistency of a measure or instrument; the degree to which an assessment tool produces stable and consistent results over time.
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