When the Non-Controlling Interest's share of the subsidiary's goodwill is not reliably determined the method used to prepare consolidated financial statements is:
A)the Entity Theory.
B)the Proprietary Theory.
C)the Non-Controlling Interest Revaluation Theory.
D)the Parent Company Extension Theory..

Question

Quizplus · Accepted Answer

The Parent Company Extension Theory is used when the Non-Controlling Interest's share of the subsidiary's goodwill cannot be reliably determined, as it focuses on the parent's perspective in consolidation.

When the Non-Controlling Interest's Share of the Subsidiary's Goodwill Is