Key Questions to Consider When Determining the Appropriate Consolidation Adjustment

Multiple Choice

Key questions to consider when determining the appropriate consolidation adjustment entries include the following except for:

A) What is the tax effect of the adjustments made?
B) What has been recorded by the legal entities?
C) Is this a prior period or a current period transaction?
D) Does the transaction involve the parent entity selling assets to the subsidiary, or the subsidiary selling assets to the parent entity?