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    Business
  3. Study Set
    Accounting for Corporate
  4. Exam
    Exam 4: Intra-Group Transactions
  5. Question
    A Loss on Intragroup Sales of Inventory Will Be Regarded
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A Loss on Intragroup Sales of Inventory Will Be Regarded

Question 5

Question 5

True/False

A loss on intragroup sales of inventory will be regarded as realised by the group at the time of the sale only if the transfer price represents the net realisable value of the inventories.

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