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Which of the following is not true about running action queries?
Identifiable Net Assets (INA) Method
is a technique used in business combinations to value the acquired company by summing the fair values of its identifiable assets and liabilities.
Proportionate Consolidation Method
An accounting technique used for joint ventures, where an entity's share of each of the assets, liabilities, income, and expenses are combined line by line with similar items in the entity's financial statements.
Non-Controlling Interest (NCI)
It represents the equity in a subsidiary not attributable, directly or indirectly, to the parent company.
Proportionate Consolidation Method
A method of accounting where a parent entity combines its share of the subsidiary's assets, liabilities, incomes, and expenses line by line into its financial statements.
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