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    Exam 12: Consolidation: Non-Controlling Interest
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    Where a Subsidiary Is Partly Owned by a Parent and an NCI
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Where a Subsidiary Is Partly Owned by a Parent and an NCI

Question 35

Question 35

True/False

Where a subsidiary is partly owned by a parent and an NCI, both the BCVR entries and the pre-acquisition entries are adjusted to reflect only the parent's share of the subsidiary's equity balances.

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