Why are intercompany sale of assets eliminated?

To avoid a company's documentation of revenue from sales to itself

Explanation:

Intercompany sale of assets is a financial related term that can only arise as a result of transaction activities occurring between companies in a group.

Since it is believed that, the various companies in a group of companies are together and the same.

Hence, the intercompany sale of assets is eliminated because of the need to avoid company's documentation of revenue from sales to itself

answerthe above statement is false;