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Describe Intercompany transactions: Difference in direct and indirect transaction
Problem- What is the difference between a direct intercompany transactions and an indirect intercompany transaction?
Part 1- How does the difference effect reporting them on a consolidated statement?
You need to explain Intercompany transactions Difference in direct and indirect transaction.
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If a client buys some bushels of his wheat, would it be reasonable for the client to hope that the transactions will reach 40,000 metric tons and estimate the IQR of the trade volumes.
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