A NCI in a subsidiary entity is entitled to a share of the following items: $\begin{array}{ll}&\text { I } & \text { II } & \text { III } & \text { IV } \
\text { Subsidiary equity at acquisition date } & \text { Yes} & \text { Yes} & \text { Yes } & \text {Yes } \
\text { Changes in equity since acquisition date } & \text { Yes } & \text {No} & \text { No } & \text {Yes } \
\text { Changes in equity of the current period } & \text { No } & \text {Yes } & \text {No } & \text {Yes }
\end{array}$
A) I;
B) II;
C) III;
D) IV.

Question

Quizplus · Accepted Answer

A non-controlling interest (NCI) in a subsidiary is entitled to its share of the subsidiary's equity at the acquisition date, changes in equity since the acquisition date, and changes in equity of the current period. Option IV correctly represents these entitlements.

A NCI in a Subsidiary Entity Is Entitled to a Share