During the Previous Year, a Partly-Owned Subsidiary Made a Transfer

question 28

Multiple Choice

During the previous year, a partly-owned subsidiary made a transfer from retained earnings to a general reserve. In the current year, which of the following lines would appear in the NCI journal relating to the previous year's transfer?

• A) DR NCI.
• B) CR Retained earnings.
• C) DR General reserve.
• D) CR Transfer to general reserve.

---

Definitions:

Childrearing Interact

The various ways in which parents and caregivers engage with children to support their development and well-being.

Socially Healthy

A state in which an individual possesses the ability to interact positively with society and maintain satisfying relationships, exhibiting good social skills and adapting to social situations.

Emotionally Healthy

A state of well-being in which an individual recognizes their own abilities, can cope with normal stresses, work productively, and contribute to their community.

Erikson

Erik Erikson was a developmental psychologist and psychoanalyst known for his theory on the psychosocial development of human beings.