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    Business
  3. Study Set
    Advanced Accounting Concepts and Practice
  4. Exam
    Exam 3: Partially Owned Created Subsidiaries & Variable Interest Entities
  5. Question
    Under the Parent Company Concept, the NCI in the Subsidiary's
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Under the Parent Company Concept, the NCI in the Subsidiary's

Question 105

Question 105

True/False

Under the parent company concept, the NCI in the subsidiary's net income is presented as a deduction in arriving at consolidated net income.

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