Which of the Following Statements Regarding the Non-Controlling Interest Is

Multiple Choice

Which of the following statements regarding the non-controlling interest is FALSE?

A) In a subsidiary that is not wholly owned by the parent, there are two ownership interests, namely the parent and the non-controlling interest (NCI) .
B) The NCI consists of the accumulation of all the interests in the subsidiary other than the parent.
C) The NCI is classified as a contributor of equity to the group.
D) The NCI is entitled to a share of the equity, as recorded, of the subsidiary.