What Is the Method of Presentation Required by SFAS 160

question 10

Multiple Choice

What is the method of presentation required by SFAS 160 of "non-controlling interest" on a consolidated balance sheet?

• A) As a deduction from goodwill from consolidation.
• B) As a separate item within the long-term liabilities section.
• C) As a part of stockholders' equity.
• D) As a separate item between liabilities and stockholders' equity.

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Definitions:

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Feasibility Study

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Exploratory Wells

Wells drilled to find and evaluate new areas of potential oil or natural gas reserves that have not been previously exploited.

Coefficient of Variation

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