Often, the parent does not own 100% of the voting stock of a consolidated subsidiary.The parent refers to the owners of the remaining shares of voting stock as a

Question

Quizplus · Accepted Answer

The term used for the owners of the remaining shares of voting stock in a consolidated subsidiary is "noncontrolling interest". This means that these shareholders do not have control over the subsidiary, as the parent company owns the majority of the voting shares. Noncontrolling interest is also sometimes referred to as "minority interest".

Often, the Parent Does Not Own 100% of the Voting