Identify the three true statements about I/C activity. 

Answer options:

A. Intercompany transactions are eliminated at the first common parent.
B. Intercompany transactions can be processed for both open and closed periods.
C. Matching tolerances can be set by percent, dollar amount, or both.
D. Eliminations are processed during both Calculation and Consolidation processes.
E. I/C reports are available to display transactions by status-Matched, Mismatched, or Unmatched.

ACE