Non-Controlling Interests Are Defined Is AASB 10 As

question 19

Multiple Choice

Non-controlling interests are defined is AASB 10 as:

• A) that portion of profit or loss and net assets of a subsidiary attributable to equity interests that are not owned directly by the parent.
• B) that portion of net assets of a subsidiary attributable to equity interests that are not owned, directly or indirectly through subsidiaries, by the parent.
• C) that portion of profit or loss and net assets of a subsidiary attributable to equity interests that are not owned, directly or indirectly through subsidiaries, by the parent.
• D) the largest single shareholding, less fifty per cent, not owned, directly or indirectly through subsidiaries, by the parent.

---

Definitions:

Inventory Level

The quantity of goods and materials on hand in a business' inventory at any given time.

Lead Time

The period between the initiation of a process and its completion, especially in manufacturing or project planning.

Memory Chips

Small hardware components used for storing data or code in electronic devices.

EOQ

Stands for Economic Order Quantity, a formula used to determine the optimal order size that minimizes total holding costs and ordering costs in inventory management.