Which statement is characteristic of a consolidation worksheet?
A) Consolidation worksheet adjustments are not entered on the accounting records of either the parent or the sub.
B) Consolidation worksheet adjustments are entered on the accounting records of the parent but not the sub.
C) Consolidation worksheet adjustments are entered on the accounting records of the sub but not the parent.
D) Consolidation worksheet adjustments are entered on the accounting records of both the parent and the sub.
Correct Answer:
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