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  3. Study Set
    Accounting for Corporate
  4. Exam
    Exam 5: Non-Controlling Interest
  5. Question
    In the Calculation of NCI Share of Profit Consolidation Adjusting
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In the Calculation of NCI Share of Profit Consolidation Adjusting

Question 7

Question 7

Multiple Choice

In the calculation of NCI share of profit consolidation adjusting entries which do not change group profit will be:


A) adjusted if they affect the subsidiary's reported profit
B) adjusted if the affect the parent entity's reported profit
C) not adjusted
D) none of the above

Correct Answer:

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