Examlex
Which of the following is not a suggested procedure to establish a good control activity over cash disbursements?
Noncontrolling Interest
The portion of equity in a subsidiary not owned by the parent company, reflecting the interests of outside investors.
Subsidiary's Net Income
The amount of profit remaining after all expenses, including taxes and operating costs, have been subtracted from total revenue, specific to a company that is controlled by another entity.
Ending Balance
The amount of money in an account at the end of an accounting period, after all debits and credits have been accounted for.
Equity Method
An accounting technique used to record investments in associate companies where the investor has significant influence but not full control.
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