Examlex
Which of the following statements is not true regarding responsible investing?
Pre-Acquisition Entry
An accounting entry made to record the assets and liabilities of a company before it is officially acquired by another entity.
Direct Non-Controlling Interest
A portion of equity interest in a subsidiary not directly held by the parent company but rather through a direct subsidiary.
Indirect NCI
Stands for Indirect Non-Controlling Interest, which refers to the ownership interest in a company held by investors that do not have control or significant influence over the company.
Direct NCI
Direct non-controlling interest (NCI) refers to the portion of equity in a subsidiary not held directly by the parent company, giving those external shareholders a proportional share of the entity's net assets and profits.
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