AASB 10 Consolidated Financial Statements Classifies Non-Controlling Interest As

question 48

Multiple Choice

AASB 10 Consolidated Financial Statements classifies non-controlling interest as:

• A) a liability of the group.
• B) part of the equity of the group.
• C) a liability of the parent entity.
• D) a liability.

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Definitions:

Response Generalisation

The process by which a subject exhibits learned responses not only to the original stimulus but also to similar stimuli.

Stimulus Discrimination

Stimulus discrimination is the ability to differentiate between distinct but similar stimuli, responding only to the one associated with a reinforcement.

Traffic Light

A signaling device positioned at road intersections, pedestrian crossings, and other locations to control the flow of traffic.

Green Light

A signal to proceed or an indication that a proposed action is acceptable or safe.