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    Advanced Accounting
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    Exam 4: Consolidations: Intragroup Transactions
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    In the Transferring of Assets Such as Property, Plant, and Equipment
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In the Transferring of Assets Such as Property, Plant, and Equipment

Question 54

Question 54

True/False

In the transferring of assets such as property, plant, and equipment within a group there is no need to eliminate profit in an asset such as land because land is a non-depreciable asset.

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