alleryStart learning →IFRS 10.B86(c) requires intragroup transactions to be treated how?
ADisclosed but left in totals
BFully eliminated in all cases
CEliminated to parent's share only
DEliminated only if material
Answer & Solution
Correct answer: B. Fully eliminated in all cases
Intragroup balances, income, expenses and cash flows are eliminated in full, regardless of the parent's percentage holding.
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