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.

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Definitions:

Nonsense Syllables

Meaningless sets of two or three letters that are used in memory and learning experiments to study the learning process.

Memory

The mental ability that allows for the keeping, maintaining, and recovering of information throughout time.

Effortful Processing

Encoding that requires attention and conscious effort.

Long-Term Retention

Long-term retention is the continued storage of information over an extended period, allowing it to be recalled later.