The Noncontrolling Interest Line Item on the Income Statement Represents

question 95

Multiple Choice

The noncontrolling interest line item on the income statement represents ________.

• A)the portion of the subsidiary owned by others,which is deducted to determine net income
• B)the portion of the subsidiary owned by the reporting entity,which is added to determine net income
• C)the portion of earnings owned by the reporting entity,which is deducted to determine net income
• D)the portion of earnings that belongs to others,which is added to determine net income

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Definitions:

Administrative Medical Assistant

A specialized medical assistant who focuses primarily on administrative tasks such as scheduling, billing, and maintaining medical records within healthcare settings.

Evaluation And Management

The process of assessing a patient's health condition and determining the appropriate plan of care or treatment strategy.

Provider Services

Services offered by healthcare professionals or institutions to patients, including medical care, consultation, and treatment.

ICD-9-CM Manual

The International Classification of Diseases, Ninth Revision, Clinical Modification; a coding system used in the United States for diagnosis and hospital billing prior to ICD-10-CM.