The text describes the accounting policies adopted by a company in relation to several aspects of its operations. Which of the following statements...

The text describes the accounting policies adopted by a company in relation to several aspects of its operations. Which of the following statements is TRUE according to the text?


a) The company recognizes deferred income tax and social contribution based on the tax rates of its subsidiaries.
b) The company recognizes gains and losses resulting from transactions with its subsidiaries for equity accounting purposes.
c) The company recognizes the impairment loss of its investments in subsidiaries and jointly controlled entities in the income statement.
d) The company uses the straight-line depreciation method for all of its assets, including land.
e) The company recognizes the maintenance costs of its assets as an increase in the carrying amount of the assets.