Multiple Choice
Under the conceptual framework for international financial reporting a non-controlling interest fits the definition of:
A) a liability.
B) an equity item.
C) an asset.
D) an expense.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q9: Moffatt Ltd holds a 60% interest in
Q10: The NCI is not allocated a share
Q11: Which of the following statements is correct?<br>A)
Q12: The non-controlling interest columns on a consolidation
Q13: Currimundi Ltd holds a 60% interest in
Q15: According to AASB 10/IFRS 10 Consolidated Financial
Q16: Jack Limited acquired 80% of the share
Q17: The effect on consolidated current year profit
Q18: Which of the following is not one
Q19: The calculation of the NCI share of