Since the 1990's Both the Number and Size of Commercial

question 20

True/False

Since the 1990's both the number and size of commercial banks in the U.S. has been increasing dramatically.

---

Definitions:

NCI

An interest in a subsidiary not held by the controlling parent, representing a share of the subsidiary’s equity and profits or losses not owned by the parent company.

Subsidiary

A company that is controlled by another company, usually referred to as the parent company, through ownership of more than 50% of its voting stock.

Non-controlling Interest

Equity interest in a subsidiary held by investors other than the parent company, representing their claim to the subsidiary's earnings and assets.

Entity Method

an approach in accounting where the financial transactions of a parent company and its subsidiaries are kept separate, instead of being consolidated.