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1 27 1 34 20 Question: 8 The view that only the parent company's share of the unrealized intercompany profit recognized by the selling affiliate

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1 27 1 34 20 Question: 8 The view that only the parent company's share of the unrealized intercompany profit recognized by the selling affiliate that remains in assets should be eliminated in the preparation of consolidated financial statements is consistent with the economic unit concept. current practice concept. parent company concept. historical cost company concept

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