If the Percentage of Interest of the Parent Is Not

question 19

Multiple Choice

If the percentage of interest of the parent is not 100%,who owns part of the assets and liabilities of the subsidiary?

• A) Negligible shareholders.
• B) Insignificant shareholders.
• C) Non-controlling (minority)shareholders.
• D) Third shareholders.

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Definitions:

Managerial Accounting

The process of identifying, measuring, analyzing, interpreting, and communicating financial information to managers for the purpose of achieving organizational goals.