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Discussion Topic 2 : Upstream vs . Downstream Transactions In dealing with intercompany transactions the direction matters. These directions are known as an upstream transaction
Discussion Topic : Upstream vs Downstream Transactions
In dealing with intercompany transactions the direction matters. These directions are known as an upstream transaction or a downstream transaction. Please consider the following questions:
Define an upstream transaction and provide an example.
Define a downstream transaction and provide an example.
Are the transactions substantially different? Please justify the reason why each transaction is treated differently.
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