In Order to Consolidate a 70% Interest in a Subsidiary,the

question 21

Multiple Choice

In order to consolidate a 70% interest in a subsidiary,the Fitzpatrick group prepared the following pre-acquisition entry:
DR Retained earnings $2 000
DR Share capital $15 000
DR General reserve $3 000
DR Goodwill $1 000
CR Investment in subsidiary $21 000
The interest in equity attributable to the direct non-controlling interest (to the nearest dollar) is:

• A)$8 571;
• B)$9 000;
• C)$20 000;
• D)$21 000.

Understand the historical development and key figures in I/O psychology.

Identify the major areas of focus and application within I/O psychology.

Recognize the processes involved in personnel recruitment and job analysis.

Comprehend the significance of psychological testing and its application in the workplace.

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Definitions:

Normality

A property of a dataset or distribution where the data follow a normal (Gaussian) distribution.

Preference

An indication of someone's choice or likeliness for a particular option among a set of alternatives, often studied in consumer behavior and decision-making.

P-value Method

A statistical approach that helps to decide whether the observed data deviates significantly from the hypothesis being tested.

Significance

The likelihood that an observed effect or relationship occurs due to chance, often evaluated through statistical tests.