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  3. Study Set
    Advanced Accounting Concepts and Practice
  4. Exam
    Exam 3: Partially Owned Created Subsidiaries & Variable Interest Entities
  5. Question
    Under the Economic Unit Concept, the Interest of the Noncontrolling
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Under the Economic Unit Concept, the Interest of the Noncontrolling

Question 31

Question 31

True/False

Under the economic unit concept, the interest of the noncontrolling shareholders is considered to be an equity interest of the consolidated reporting entity.

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