Which of the Following Statements Is Correct

Multiple Choice

Which of the following statements is correct?

A) All intragroup transactions have an impact on the NCI share of equity.
B) Transactions that do not affect profit will not give rise to an adjustment to the NCI.
C) When the parent entity sells inventories to its subsidiary, a consolidation adjustment needs to be recorded to reduce the NCI.
D) The NCI is not entitled to share the group's profit.