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:

Anthony Giddens

A prominent British sociologist known for his theory of structuration and his analysis of the modern state and globalization.

Ulrich Beck

A German sociologist known for his work on risk society, reflexivity, and individualization in modern society.

Fundamentalism

A strict adherence to specific theological doctrines typically in a reaction against Modernist theories, often characterized by a literal interpretation of religious texts.

Benjamin Barber

Benjamin Barber was a political theorist known for his work on democracy and civil society, including the influential book "Jihad vs. McWorld."