During the Current Year, a Partly Owned Subsidiary Has Made

question 49

Multiple Choice

During the current year, a partly owned subsidiary has made a transfer from a general reserve to retained earnings. Which of the following lines would appear in the NCI consolidation entry relating to the current year transfer?

• A) CR NCI
• B) CR Retained earnings
• C) DR General reserve
• D) DR Transfer from general reserve

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Definitions:

Marketing Synergies

involve leveraging multiple marketing strategies and channels in a coordinated way to achieve greater impacts than could be achieved separately.

Cost Savings

The reduction in expenses achieved through efficient management, budgeting, or purchasing strategies, contributing to increased profitability.

Product Positioning

The process of defining the place a product occupies in consumers' minds relative to competing products, often based on attributes, benefits, or perceptions.

Competitive Advantage

A unique attribute or combination of attributes that allows a company to outperform its competitors, often leading to greater market share, profitability, or customer loyalty.