Which of the following statements is correct?
A)the DNCI share of operating profit and retained earnings must not be adjusted for unrealised profits/losses caused by intragroup transactions
B)the DNCI is not given a share of equity of the relevant subsidiary where the DNCI is located
C)the direct non- controlling interest (DNCI)is given a share of equity of the relevant subsidiary where the DNCI is located
D)none of the above

Question

Quizplus · Accepted Answer

The direct non-controlling interest (DNCI) is indeed given a share of the equity of the relevant subsidiary where the DNCI is located. This reflects their ownership stake in the subsidiary, separate from the parent company's controlling interest.

Which of the Following Statements Is Correct