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    Modern Advanced Accounting in Canada Study Set 2
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    Exam 4: Consolidation of Non-Wholly Owned Subsidiaries
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    Non-Controlling Interest (NCI) Is Presented Under the Liabilities Section of the Consolidated
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Non-Controlling Interest (NCI) Is Presented Under the Liabilities Section of the Consolidated

Question 20

Question 20

Multiple Choice

Non-Controlling Interest (NCI) is presented under the Liabilities section of the Consolidated Balance Sheet using the:


A) the Entity Theory.
B) the Proprietary Theory.
C) the Parent Company Theory.
D) both the Parent Company Theory and the Proprietary Theory.

Correct Answer:

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