Which of the following statements is incorrect? Select one: A. Under the partial goodwill method, the NCI is measured at fair value at acquisition date. B. Under the partial goodwill method, the NCI is measured as a proportion of the net fair value of the subsidiary's identifiable assets and liabilities at acquisition date. C. Extra columns are added to the consolidation worksheet to divide the group's equity into the NCI share and the parent's share. D. The adjustments for intragroup transactions are the same whether the subsidiary is wholly owned or whether there is an NCI in the subsidiary. O Ali Ltd sold an item of plant to its subsidiary Baba Ltd on 1 January 2017 for $100,000. At that time the remaining useful life of the plant was assessed at 5 years. The asset had cost Ali Ltd $120,000 when acquired on 1 January 2015. The residual value of the plant is zero. Both companies use the straight-line depreciation method. The adjustment necessary on consolidation as at 30 June 2018 in relation to the sale of plant will result in: O Select one: A. a decrease in retained earnings (opening balance) and an increase in current year profit. B. a decrease in retained earnings (opening balance) and a decrease in current year profit C. an increase in retained earnings (opening balance) and an increase in current year profit. D. an increase in retained earnings (opening balance) and a decrease in current year profit. O Castle Ltd has control over Connie Ltd. Castle sold equipment to Connie for $3,000,000 on 31 December 2014. The equipment was 5 years old when sold, and had cost Castle $4,500,000 to buy, with expected residual value $500,000 The equipment had been depreciated by Castle at 10% p.a. straight-line. Connie also depreciated the equipment using a straight-line method. The residual value and remaining useful life of the equipment did not change. For the year ended 31 December 2015, the consolidation entry to adjust for depreciation difference would include which of the following line items? Select one: A. Dr Depreciation expense 200,000 O B. Cr Depreciation expense 200,000 o C. Dr Depreciation expense 100,000 O D. Cr Depreciation expense 100,000