Where there are transactions between the investor and associate that result in an unrealised profit,the investor's share of the associate's profit is:

Question

Quizplus · Accepted Answer

The investor's share of the associate's profit is affected regardless of whether the transaction is an upstream or downstream one. This is because any transaction that results in an unrealized profit between the investor and the associate will impact the associate's overall profit, which in turn affects the investor's share.

Where There Are Transactions Between the Investor and Associate That