Multiple Choice
According to AASB 10/IFRS 10 Consolidated Financial Statements, the term 'non-controlling interest' is defined as:
A) equity in a parent that is owned, directly or indirectly, by a subsidiary.
B) the equity in the parent entity other than the portion owned by the subsidiary entity.
C) the equity in the economic entity other than that which can be attributed to the subsidiary entity.
D) equity in a subsidiary not attributable, directly or indirectly, to a parent.
Correct Answer:

Verified
Correct Answer:
Verified
Q15: According to AASB 10/IFRS 10 Consolidated Financial
Q16: Jack Limited acquired 80% of the share
Q17: The effect on consolidated current year profit
Q18: Which of the following is not one
Q19: The calculation of the NCI share of
Q21: Non-controlling interests in the equity of a
Q22: Where the NCI is measured at fair
Q23: A consolidated statement of comprehensive income discloses
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Q25: The NCI share of different categories of