The effect of an intragroup sale of inventory in a prior period,where the inventory is still on hand at the end of the prior period but is sold in the current period,is that a credit adjustment is made to income tax expense in the subsequent period.

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The Answer of The effect of an intragroup sale of inventory in a prior period,where the inventory is still on hand at the end of the prior period but is sold in the current period,is that a credit adjustment is made to income tax expense in the subsequent period.

The Effect of an Intragroup Sale of Inventory in a Prior