The level of equity ownership is not a factor in deciding what proportion of a transaction between entities in a group should be eliminated.

Name: The level of equity ownership is not a factor in deciding what proportion of a transaction between entities in a group should be eliminated.
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Question

Quizplus · Accepted Answer

The proportion of a transaction between entities in a group that should be eliminated is based on the nature of the transaction and not on the level of equity ownership.

The Level of Equity Ownership Is Not a Factor in Deciding