On the Statement of Financial Position the Non-Controlling Interest Account

question 50

True/False

On the statement of financial position the non-controlling interest account is reported as a long-term investment.

---

Definitions:

Tabular Layout

A way of arranging data in rows and columns, similar to spreadsheets, for efficient display and analysis.

Remove Layout

An action or command in software that eliminates predefined formatting or structural elements from a document or interface.

Stacked

A term used in various contexts to describe items arranged vertically on top of each other.

Split Layout

A screen or window layout option that divides the display area into separate sections for viewing different types of content simultaneously.