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    Company Accounting
  4. Exam
    Exam 12: Consolidation: Non-Controlling Interest
  5. Question
    A Gain Recorded by a Subsidiary on the Sale of a Non-Current
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A Gain Recorded by a Subsidiary on the Sale of a Non-Current

Question 2

Question 2

True/False

A gain recorded by a subsidiary on the sale of a non-current asset to another entity within the group will result in a debit adjustment to the NCI share of current year profit.

Correct Answer:

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