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What the investor share of the associate profit is

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Problem 1: Where there are transactions between the investor and associate that result in an unrealised profit, the investor's share of the associate's profit is:

Select one:

Option 1: adjusted regardless of whether the transaction is an upstream or downstream one

Option 2: adjusted only if the transaction is a downstream one

Option 3: adjusted only if the transaction is an upstream one

Option 4: not adjusted at all regardless of whether the transaction is an upstream or downstream one

Reference no: EM132700435

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