Which of the Following Statements Is Correct

Multiple Choice

Which of the following statements is correct?

A) The entry to reflect the NCI share of equity at acquisition date changes every year that consolidated financial statements are prepared.
B) The NCI is entitled to a share of consolidated equity.
C) To calculate the NCI share of equity, the subsidiary's equity at the end of the reporting period is divided into five parts.
D) The NCI is not entitled to a share of consolidated equity.