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How Is the Minority Interest in Net Assets of Subsidiary

Question 34

Multiple Choice

How is the minority interest in net assets of subsidiary displayed in a consolidated balance sheet under the economic unit concept of consolidated financial statements?


A) As a separate item in the liabilities section
B) As a deduction from consolidated goodwill, if any
C) By means of a note to the consolidated financial statements
D) As a separate item in the stockholders' equity section

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