Non-controlling interests are allocated on a 'line-by-line' basis throughout the statement of comprehensive income.

Name: Non-controlling interests are allocated on a 'line-by-line' basis throughout the statement of comprehensive income.
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

Non-controlling interests are typically presented as a single line item in the equity section of the consolidated financial statements, not allocated on a 'line-by-line' basis in the statement of comprehensive income.

Non-Controlling Interests Are Allocated on a 'Line-By-Line' Basis Throughout the Statement