Which of the Following Statements Is True Concerning an Intra-Entity

Multiple Choice

Which of the following statements is true concerning an intra-entity transfer of a depreciable asset?

A) Non-controlling interest in subsidiary's net income is never affected by a gain on the transfer.
B) Non-controlling interest in subsidiary's net income is always affected by a gain on the transfer.
C) Non-controlling interest in subsidiary's net income is affected by a downstream gain only.
D) Non-controlling interest in subsidiary's net income is affected only when the transfer is upstream.
E) Non-controlling interest in subsidiary's net income is increased by an upstream gain in the year of transfer.