Within the Statement of Financial Position Where Should the Account

question 51

Multiple Choice

Within the statement of financial position where should the account non-controlling interest (minority interest) be reported?

• A) Non-current assets.
• B) Non-current liabilities.
• C) Equity.
• D) Current liabilities.

---

Definitions:

Significant Life Change

A major adjustment or alteration in an individual's life that requires adaptation, such as moving to a new city, changing careers, or getting married.

General Adaptation Syndrome

A theoretical model describing the body's short-term and long-term reactions to stress, identified by Hans Selye, involving stages of alarm, resistance, and exhaustion.

Fight-Or-Flight

A physiological response to a perceived harmful event, attack, or threat to survival, triggering either aggression or escape.

Health Issues

Conditions or diseases affecting the health and well-being of an individual.