When presenting a consolidated statement of financial position, the non-controlling interest is:Select one:O. presented as o separate componenttotal assets and total liapiities.b. not separately disciosed.C. shown as a separate portion of net assets.d. presented separately witnin tne equity section.

Non-controlling interest is also sometimes written as NCI. It arises when someone holds less than…

Answered: Wnen presenting a consolidated…

Business

Accounting

Wnen presenting a consolidated statement of financial position, the non-controlling interest is:

Entrepreneurial Finance

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ISBN:9781337635653

Author:Leach

Publisher:Leach

Chapter14: Security Structures And Determining Enterprise Values

Section: Chapter Questions

Problem 16DQ

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Concept explainers

Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.

Question

When presenting a consolidated statement of financial position, the non-controlling interest is:
Select one:
O. presented as o separate component
total assets and total liapiities.
b. not separately disciosed.
C. shown as a separate portion of net assets.
d. presented separately witnin tne equity section.

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