Under Parent Company Theory,noncontrolling Interest Is Classified on the Consolidated

question 12

Multiple Choice

Under parent company theory,noncontrolling interest is classified on the consolidated balance sheet as ________.Under entity theory,noncontrolling interest is classified on the consolidated balance sheet as ________.

• A)stockholders' equity; stockholders' equity
• B)stockholders' equity; liability
• C)liability; a liability
• D)liability; stockholders' equity

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Definitions:

Fuser

A component in laser printers and copiers that uses heat and pressure to bond toner to paper, producing a printed image or text.

CIS

Center for Internet Security, an organization that provides best practices and security benchmarks to help protect organizations against cyber threats.

Cloud Printer

A printing solution that enables users to print documents from any device by sending print jobs over the internet to a cloud-connected printer.

Accelerometer

A technology in mobile devices to detect screen orientation and adapt what is shown onscreen for that viewing mode. A gyroscope measures and maintains that orientation.