Company a Owns Shares of Company B and Company C

question 81

Multiple Choice

Company A owns shares of Company B and Company C.The statements of Company B are consolidated with those of Company A.The statements of Company C are not consolidated.Company A reports "Noncontrolling Interest" on its balance sheet.This account represents:

• A)A's noncontrolling share of the stock of B.
• B)A's noncontrolling share of the stock of C.
• C)the noncontrolling share by outside owners of the stock of A.
• D)the noncontrolling share by outside owners of the stock of B.
• E)the noncontrolling share by outside owners of the stock of C.

---

Definitions:

Withdrawal

Adverse physiological reactions exhibited when a drug-dependent person stops using that drug; the withdrawal symptoms are typically unpleasant and opposite to the drug’s effects.

Cirrhosis

A chronic liver disease marked by degeneration of cells, inflammation, and fibrous thickening of tissue, which can lead to liver failure.

Scar Tissue

Fibrous tissue that forms during the wound healing process, replacing normal skin or tissue that has been damaged.

Alcohol Dependency Syndrome

A medical condition characterized by an impaired ability to stop or control alcohol use despite adverse social, occupational, or health consequences.