Which statement is FALSE when Intercompany Data is enabled? 

Answer options:

A. The Intercompany Entity attribute for an Entity must be set to Yes to store intercompany data.
B. Tracking intercompany eliminations is optional.
C. In order for intercompany data to be eliminated, intercompany entities must be children of the same parent.
D. Intercompany accounts are assigned plug accounts.

C

Elimination data applies to all children, including children with a different Domicile than the Parent, a blended rate is entered at the Parent Entity`s domicile. If you want to disable the elimination global rules, do not enter rates at the Parent entity. Reference: https://docs.oracle.com/en/cloud/saas/tax-reporting-cloud/agtrc/admin_tax_automation_intercompany_eliminations_100x084ae29f.html