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When a Parent Owns Less Than 100% of a Subsidiary,the

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When a parent owns less than 100% of a subsidiary,the noncontrolling interest shareholders are allocated their ownership percentage of income or net assets in all of the following consolidating entries except for:


Definitions:

Tectonic Activity

The movement and interaction of the Earth's lithospheric plates, which can result in earthquakes, volcanic eruptions, and the creation of mountain ranges.

Tidal Forces

The gravitational forces exerted by celestial bodies, leading to the rise and fall of the sea levels on Earth.

Lunar Highlands

The lighter, heavily cratered regions of the Moon, which are elevated several kilometers above the darker, smooth maria.

Heavily Cratered

Having a large number of craters, typically referring to a planetary surface impacted by meteorites or asteroids.

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