In a company's group accounts,the part of the groups profits that belongs to shareholders outside the group (for example,shareholders of a subsidiary)is known as:

Question

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Minority interest refers to the portion of a subsidiary's net income or losses that are attributable to minority shareholders, i.e., shareholders outside the parent company. This amount is subtracted from the group's consolidated net income to arrive at the group's net income attributable to the parent company's shareholders. Therefore, option B best describes the mentioned concept in the question. The other options - A, C, and D - do not directly relate to the concept of minority interest.

In a Company's Group Accounts,the Part of the Groups Profits