In the Calculation of NCI Share of Profit Consolidation Adjusting

question 7

Multiple Choice

In the calculation of NCI share of profit consolidation adjusting entries which do not change group profit will be:

• A) adjusted if they affect the subsidiary's reported profit
• B) adjusted if the affect the parent entity's reported profit
• C) not adjusted
• D) none of the above

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Definitions:

PIF3

Phytochrome Interacting Factor 3, a protein that regulates plant responses to light.

Phytochrome Signal Transduction

A biochemical pathway in plants by which light signals are converted into cellular responses, mediated by phytochrome proteins.

Conformational Change

A change in the shape of a molecular structure, often referring to proteins or nucleic acids.

Transcription

The method by which RNA polymerase enzymes transcribe a portion of DNA into RNA.