What will happen if Ownership Management is not enabled for an application?

Summary

What will happen if Ownership Management is not enabled for an application? Wil all of the entities be considered as Subsidiaries and 100% consolidated?

Content

Dear Experts,

I would like to know how the FCCS consolidation process will function if Ownership Management Module is not enabled for an application?

1) Will data from all of the entities be 100% consolidated without any extra setup( on consolidation %)?

2) Will Intercompany elimination still work the same way with when Ownership Management Module is enabled?

3) Will all the entities be considered as using Subsidiary Method to be consolidated?

4) Will Investment Rule and Owner's Equity for Subsidiary Rule still available to be deployed and work correctly? For example, all the investment on child entities should be 100% reversed and the equity accounts of all of the child entities should be 100% reversed.