Solved

For Transactions Involving Intragroup Services, It Is Assumed That the Profit

Question 41

True/False

For transactions involving intragroup services, it is assumed that the profit is realised by the group immediately on payment within the group. Therefore, no NCI adjustments are made on consolidation in relation to such transactions.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions