In a Father-Son-Grandson Combination, Which of the Following Statements Is

In a father-son-grandson combination, which of the following statements is true?

A) Companies that are solely in subsidiary positions must have their accrual-based net income computed first in the consolidation process.
B) Father-son-grandson configurations never require consolidation unless one company owns 100% of at least one other member of the combined group.
C) The order of the computation of accrual-based net income is not important in the consolidation process.
D) The parent must have its accrual-based net income computed first in the consolidation process.
E) None of these answer choices are correct.