ABC company has one subsidiary, S3. S3 has one subsidiary SS4. SS4 sells inventory to Parent at the end of each period, close to the 28th of the month. Parent sells this inventory the following month? What might be your thoughts on this?Explain

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You said the following, “The need of the parent company to know whether the sale is upstream or downstream enables accountants to adjust the consolidated financial statements effectively, ”

ABC company has one subsidiary, S3. S3 has one subsidiary SS4. SS4 sells inventory to Parent at the end of each period, close to the 28th of the month. Parent sells this inventory the following month? What might be your thoughts on this?

The post ABC company has one subsidiary, S3. S3 has one subsidiary SS4. SS4 sells inventory to Parent at the end of each period, close to the 28th of the month. Parent sells this inventory the following month? What might be your thoughts on this?Explain appeared first on Essay Quoll.

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Approximately 250 words