Which of the Following Reflects How a Non-Controllinged Interest Is

question 50

Multiple Choice

Which of the following reflects how a non-controllinged interest is presented according to IFRS?

• A)When a non-controlled interest exists in an entity controlled by a government, the proportionate consolidation method is used to account for portion of the entity controlled by the government.
• B)A non-controlled interest is presented separately within equity, separate from owners' equity.
• C)An enterprise may consolidate its subsidiaries.
• D)An enterprise may account for its subsidiaries using either the equity method or the cost method.

---

Definitions:

Frontloading

The practice of scheduling state party primaries and caucuses earlier in the primary season to gain more influence in the selection of a party’s presidential nominee.

Presidential Selection

The process by which a country chooses its president, often involving a combination of primary elections, party nominations, and a general election.

Two-Party System

A political system in which two major parties dominate voting in nearly all elections, thereby controlling most of the seats in the legislature.

Electoral College

A body of electors established by the United States Constitution, empowered to elect the president and vice president of the country.