Non-controlling interest is classified,according to AASB 10 Consolidated Financial Statements,as:
A)part of the equity of the parent entity
B)part of the equity of the group
C)a liability of the parent entity
D)a liability of the group.

Question

Quizplus · Accepted Answer

Non-controlling interest is classified as part of the equity of the group according to AASB 10, as it represents the portion of equity in a subsidiary not attributable to the parent company.

Non-Controlling Interest Is Classified,according to AASB 10 Consolidated Financial Statements,as