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Question 6 1 Point The material sale of inventory items by a parent company to an affiliated company A enters the consolidated revenue computation only

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Question 6 1 Point The material sale of inventory items by a parent company to an affiliated company A enters the consolidated revenue computation only if the transfer was the result of arm's length bargaining. B affects consolidated net income under a periodic inventory system but not under a perpetual inventory system. (Cdoes not require a working paper adjustment if the merchandise was transferred at cost. (D) does not result in consolidated income until the merchandise is sold to outside parties

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