Which of the Following Statements Regarding the Non-Controlling Interest Is

question 60

Multiple Choice

Which of the following statements regarding the non-controlling interest is FALSE?

• A)In a subsidiary that is not wholly owned by the parent, there are two ownership interests, namely the parent and the non-controlling interest (NCI).
• B)The NCI consists of the accumulation of all the interests in the subsidiary other than the parent.
• C)The NCI is classified as a contributor of equity to the group.
• D)The NCI is entitled to a share of the equity, as recorded, of the subsidiary.

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