Unrealised Intragroup Profit in Opening Inventory of a Parent Company

question 11

Multiple Choice

Unrealised intragroup profit in opening inventory of a parent company is:

• A) added to subsidiary profit in calculating NCI share of profit.
• B) subtracted from subsidiary profit in calculating NCI share of profit.
• C) ignored in calculating NCI share of profit.
• D) none of the above.

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Definitions:

Positive Stereotypes

Generalizations about a group that are seen in a positive light, but can still have restrictive effects by limiting individual expression.

Extreme Thinness

An unhealthy condition characterized by an insufficient body weight, often associated with eating disorders.

Anorexia

An eating disorder characterized by an obsessive fear of gaining weight and a refusal to maintain a healthy body weight.

Current Models

The latest or most contemporary versions or theories in a specific field or context.