Non-Controlling Interest Is Classified,according to AASB 10 Consolidated Financial Statements,as

question 4

Multiple Choice

Non-controlling interest is classified,according to AASB 10 Consolidated Financial Statements,as:

• A)part of the equity of the parent entity
• B)part of the equity of the group
• C)a liability of the parent entity
• D)a liability of the group.

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Definitions:

Straight Bond Value

The present value of future cash flows, such as interest payments and the return of principal, from a bond with no embedded options.

Convertible Bond

This bond offers the option to be exchanged for a set amount of the company's shares at various points during its term, often at the preference of the individual holding the bond.

Straight Bond Value

The value of a bond that pays fixed interest payments until maturity and repays the principal amount without any embedded options, traded purely on interest rate and credit quality.

Convertible Bond

A convertible bond is a type of bond that the holder can convert into a specified number of shares of the issuing company, typically at certain times during its life.