Examlex
Which of the following is NOT a subject variable?
Indirect NCI
Stands for Indirect Non-Controlling Interest, which refers to the ownership interest in a company held by investors that do not have control or significant influence over the company.
Direct NCI
Direct non-controlling interest (NCI) refers to the portion of equity in a subsidiary not held directly by the parent company, giving those external shareholders a proportional share of the entity's net assets and profits.
Economic Entity
An organizational unit for which it is possible to separate financial information and which conducts economic activities independently.
Consolidated Financial Statements
The financial statements of a group in which the assets, liabilities, equity, income, expenses, and cash flows of the parent and its subsidiaries are presented as those of a single economic entity.
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