If a subsidiary is not wholly owned by the parent there are two ownership interests which are known as the:
A) parent and non-parent interest.
B) parent and non-group interest.
C) parent and non-controlling interest.
D) group and non-group interest.

Question

Quizplus · Accepted Answer

The two ownership interests are the parent (who owns the majority of the subsidiary) and the non-controlling interest (who owns the remaining shares but does not have control over the subsidiary). Options A and B are incorrect as they do not reflect the specific relationship between the parent and the non-controlling interest. Option D is incorrect as it refers to a broader grouping concept rather than the specific ownership interests involved.

If a Subsidiary Is Not Wholly Owned by the Parent