How Would Any Management Fees Charged by a Parent Company

How would any management fees charged by a Parent Company to its Subsidiary be accounted for during the Consolidation process?

A) The Parent Company would only record its pro rata share of any management revenues.
B) The Parent Company's profit on the rendering of management services would be charged to retained earnings.
C) Both the Parent's management fees and the subsidiary's related expense would be eliminated when preparing Consolidated Financial Statements.
D) No special accounting treatment is required, since this would have no effect on
Consolidated Net Income.