A Sub-Subsidiary Provides the Following Information: the Sub-Subsidiary Is Owned

question 11

Multiple Choice

A sub-subsidiary provides the following information: The sub-subsidiary is owned 60% by its parent,which is owned 80% by the ultimate parent.
Retained profits at the date of acquisition are $400.
Profit for the year first is $200.
The total indirect NCI is:

• A) $72.
• B) $48.
• C) $24.
• D) none of the above.

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Definitions:

Five-Factor Model

A model that describes personality using five broad dimensions, each of which is composed of a constellation of personality traits.

Cardinal Traits

Fundamental personality characteristics that dominate and shape an individual's behavior and attitudes.

PEN Dimensions

A psychological theory focusing on three major traits of personality: Psychoticism, Extraversion, and Neuroticism.

Hans Eysenck

A British psychologist known for his theories on personality and intelligence, emphasizing genetics over environment.