The Test Indicating That an Intragroup Business Transaction Has Been

question 23

Multiple Choice

The test indicating that an intragroup business transaction has been realised is:

• A)the involvement of an external party in the transaction
• B)the generation of profit from the transaction
• C)whether or not an operating profit or loss occurred as a result of the transaction
• D)the presence of only entities within the group as parties to the transaction.

---

Definitions:

Criminally Prosecuted

The process of charging someone with a crime and conducting a trial to determine guilt.

Unrealized Profits

Gains on investments that have increased in value but the increase has not been realized through selling.

Economic Decisions

Choices made by individuals, businesses, or governments based on the allocation of scarce resources with the aim of maximizing benefits and minimizing costs.

Economic Activities

Economic activities encompass all actions that involve the production, distribution, and consumption of goods and services within an economy.