THE ADVANTAGES TO UNBUNDLING OF CASH FLOWS FROM A SUBSIDIARY TO A...

181. The advantages to unbundling of cash flows from a subsidiary to a parent include all of the following EXCEPT: a. The facilitation of local capital into joint-venture projects. b. All of the above are legitimate reasons for unbundling cash flows between a parent and subsidiary. c. Items that my have been classified as residual profits are viewed as tax-deductible expenses. d. The facilitation of allocating shared-services (i.e., overhead).