AASB 10 Consolidated Financial Statements, Requires That the Effect of Intragroup

Multiple Choice

AASB 10 Consolidated Financial Statements, requires that the effect of intragroup transactions be:

A) eliminated on consolidation to the extent of the parent's interest in the subsidiary.
B) adjusted for in the books of the parent and subsidiary to the extent of the parent's interest in the subsidiary.
C) adjusted for in full in the books of the parent and subsidiary.
D) eliminated in full on consolidation.