Which of the following is not a feature of Contract Costing? O The parties to a contract are Contractor and Contractee.
O Direct Expenses are Incurred by the contractor are directly relatable to the site.
O The cost centre (place) and cost unlt (output) In contract costing is the contract Itself.
O A Proflt and Loss account is maintalned for each contract every week, to ascertain profito​

The stock of grommet corporation, a u.s. company, is publicly traded, with no single shareholder owning more than 5 percent of its outstanding stock. grommet owns 95 percent of the outstanding stock of staple inc., also a u.s. company. staple owns 100 percent of the outstanding stock of clip corporation, a canadian company. grommet and clip each own 50 percent of the outstanding stock of fastener inc., a u.s. company. grommet and staple each own 50 percent of the outstanding stock of binder corporation, a u.s. company. which of these corporations form an affiliated group eligible to file a consolidated tax return?