An upstream sale of inventory is a sale (Points : 1) - 12319

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yousafbhutta

yousafbhutta

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  • Posted on: Sun 08 Jul, 2012
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10. An upstream sale of inventory is a sale (Points : 1)
        between subsidiaries owned by a common parent
        with the transfer of goods scheduled by contract to occur on a specified future date
        in which the goods are physically transported by boat from a subsidiary to its parent
        made by the investor to the investee
        made by the investee to the investor

Solution Description

10. An upstream sale of inventory is a sale (Points : 1)
        between subsidiaries owned by a common parent
        with the transf