How Is the Portion of Net Income of the Subsidiary

question 25

Multiple Choice

How is the portion of net income of the subsidiary company that does not accrue to the parent company reported?

• A)As a non-controlling interest expense on the subsidiary's income statement.
• B)As a non-controlling interest loss on the parent's income statement.
• C)As a non-controlling interest expense on the parent's income statement.
• D)It is not reported anywhere

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Definitions:

Type Of Binding

Refers to the method or technique used to attach individual pages together into a book or document.

Observational Study

A research method in which the investigator passively observes and records phenomena without altering the environment or conditions.

Sample Survey

A method of collecting data by selecting a subset of individuals from a population to estimate characteristics of the whole population.

Double-Blind Experiment

An experimental method in which neither the participants nor the experimenters know who is receiving a particular treatment, to prevent bias.