Examlex
All of the following statements are true except which?
Non-controlling Interest
A share in a subsidiary company not owned by the parent company, indicating the portion of equity interest that is not directly controlled by the parent company.
Marketable Securities
Financial instruments that can be quickly converted into cash at a market price, such as stocks, bonds, or Treasury bills.
Comprehensive Income
Encompasses all changes in equity during a period, except those resulting from investments by owners and distributions to owners.
Equity Earnings
The proportion of earnings attributed to a parent company from its investment in subsidiaries or associates, recognized in its income statement.
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