The shareholders' interest in a subsidiary that is termed a 'non-controlling interest' derives its name because,in comparison to the interest held be the shareholders of the parent entity,the non-controlling interest:
A) has less equity in the subsidiary.
B) has less voting power in the subsidiary.
C) has less equity and less voting power in the subsidiary.
D) none of the above.
Correct Answer:
Verified
Q2: In the preparation of consolidated financial statements,the
Q3: Where the full goodwill on acquisition is
Q4: Company A owns 40% of Company B
Q5: In preparing a consolidated financial report,the parent
Q6: The consolidation technique of NCI allocation is
Q7: If A owns 80% of B and
Q8: The measurement of the NCI allocation will
Q9: Which of the following statements is correct?
A)
Q10: Under full consolidation,only the income,expenses,assets,liabilities and equity
Q11: Under the entity concept of consolidation,the NCI
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