menu
Sign up

When the Non-Controlling Interest's Share of the Subsidiary's Goodwill Cannot

Question 28
Multiple Choice

When the Non-Controlling Interest's share of the subsidiary's goodwill cannot be reliably determined, the method used to prepare consolidated financial statements is: A) the Entity Theory. B) the Proprietary Theory. C) the Parent Company Theory. D)the Parent Company Extension Theory.

Related questions
Q 29
The focus of the consolidated financial statements on the shareholders of the parent company is characteristic of: A) the Entity Theory. B) the Proprietary Theory. C) the Parent Company Theory. D)both the Parent Company Theory and the Proprietary Theory.
Q 30
Non-Controlling Interest (NCI) is presented in the Shareholders' Equity section of the Balance Sheet under: A) the Entity Theory. B) the Proprietary Theory. C) the Parent Company Theory. D)both the Parent Company Extension Theory and the Proprietary Theory.
Q 31
Non-Controlling Interest (NCI) is presented under the Liabilities section of the Consolidated Balance Sheet using the: A) the Entity Theory. B) the Proprietary Theory. C) the Parent Company Theory. D)both the Parent Company Theory and the Proprietary Theory.
logo
© 2020-2021 Cozyplus FZ LLC. All rights reserved