Where a Partly Owned Subsidiary Has a Dividend Declared but Not

question 8

True/False

Where a partly owned subsidiary has a dividend declared but not yet paid at balance date, the NCI share of equity is reduced by the NCI share of the dividend and the dividend payable to the NCI is eliminated.

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Definitions:

Overconfidence

A cognitive bias that causes someone to overestimate their abilities, performance, the level of control they have, or their level of knowledge.

Divergent Thinking

An approach or process designed for the creation of inventive ideas through the investigation of various available alternatives.

Framing Effect

A cognitive bias where people react differently to a particular choice or situation depending on how it is presented.

Availability Heuristic

A cognitive bias that leads people to overestimate the likelihood of events based on their ability to recall examples.