The Advantages to Unbundling of Cash Flows from a Subsidiary

The advantages to unbundling of cash flows from a subsidiary to a parent include all of the following EXCEPT:

A) items that may have been classified as residual profits are viewed as tax-deductible expenses.
B) the facilitation of allocating shared-services (i.e., overhead) .
C) the facilitation of local capital into joint-venture projects.
D) All of the above are legitimate reasons for unbundling cash flows between a parent and subsidiary.