Which of the Following Is Not Given in the Text

question 4

Multiple Choice

Which of the following is not given in the text as a reasons for allocating FCT reserve proportionately between parent entity owners and non-controlling interest (NCI) :

• A)translation involves a data adjustment preceding the consolidation process that involves the owners equity of the foreign operation, and should therefore be allocated to both MI and parent entity
• B)to do so is consistent with the concept of control underlying the consolidation process.
• C)it is more neutral and consistent with the entity view of the consolidation process
• D)that the analogy with consolidation difference is not persuasive