menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Company Accounting Study Set 1
  4. Exam
    Exam 22: Consolidation: Other Issues
  5. Question
    Consider the Following Economic Entity Structure
Solved

Consider the Following Economic Entity Structure

Question 20

Question 20

Multiple Choice

Consider the following economic entity structure.
Consider the following economic entity structure.             60% The indirect NCI in B Ltd is the same group of shareholders as the: A) direct NCI in B Ltd. B) indirect NCI in A Ltd. C) direct NCI in A Ltd. D) shareholders in P Ltd.
Consider the following economic entity structure.             60% The indirect NCI in B Ltd is the same group of shareholders as the: A) direct NCI in B Ltd. B) indirect NCI in A Ltd. C) direct NCI in A Ltd. D) shareholders in P Ltd.
Consider the following economic entity structure.             60% The indirect NCI in B Ltd is the same group of shareholders as the: A) direct NCI in B Ltd. B) indirect NCI in A Ltd. C) direct NCI in A Ltd. D) shareholders in P Ltd.
Consider the following economic entity structure.             60% The indirect NCI in B Ltd is the same group of shareholders as the: A) direct NCI in B Ltd. B) indirect NCI in A Ltd. C) direct NCI in A Ltd. D) shareholders in P Ltd.
Consider the following economic entity structure.             60% The indirect NCI in B Ltd is the same group of shareholders as the: A) direct NCI in B Ltd. B) indirect NCI in A Ltd. C) direct NCI in A Ltd. D) shareholders in P Ltd.
Consider the following economic entity structure.             60% The indirect NCI in B Ltd is the same group of shareholders as the: A) direct NCI in B Ltd. B) indirect NCI in A Ltd. C) direct NCI in A Ltd. D) shareholders in P Ltd.
60%
The indirect NCI in B Ltd is the same group of shareholders as the:


A) direct NCI in B Ltd.
B) indirect NCI in A Ltd.
C) direct NCI in A Ltd.
D) shareholders in P Ltd.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q6: Investments in subsidiaries by another partly owned

Q9: When calculating the direct non-controlling interest share

Q13: In a multiple subsidiary structure, the indirect

Q15: Kerri Limited has a 60% ownership interest

Q19: Waratah Ltd acquired a 60% ownership

Q20: The indirect NCI is entitled to a

Q23: In non-sequential acquisitions, one of the assets

Q38: The direct NCI receives a proportionate share

Q47: An ownership structure in which Orange Limited

Q48: The pre-acquisition entry is prepared based on

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines