The NCI of a middle-tier subsidiary are NCI as regards the principal group but parent shareholders as regards the nested group.

Name: The NCI of a middle-tier subsidiary are NCI as regards the principal group but parent shareholders as regards the nested group.
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Quizplus · Accepted Answer

This statement is true as the NCI (non-controlling interest) is considered as part of the principal group for the purposes of consolidation but is treated as a parent shareholder for the nested group within the middle-tier subsidiary.

The NCI of a Middle-Tier Subsidiary Are NCI as Regards