The indirect NCI is entitled to a share of all movements in reserve accounts.

Name: The indirect NCI is entitled to a share of all movements in reserve accounts.
Brand: Quizplus
Rating: 4.8 (46 reviews)

Question

Quizplus · Accepted Answer

The indirect Non-Controlling Interest (NCI) is only entitled to a share of the profits and losses of the subsidiary, not directly to movements in reserve accounts unless those movements are part of the distributable profits or losses.

The Indirect NCI Is Entitled to a Share of All