A non-controlling interest is entitled to a share of which of the following items? I Equity of the group entity at acquisition date
II Current period profit or loss of the subsidiary entity
III Changes in equity of the subsidiary between acquisition date and the beginning of the financial period
IV Equity of the subsidiary at acquisition date
A) I, II and III only
B) I and II only
C) II, III and IV only
D) III only

Question

Quizplus · Accepted Answer

Non-controlling interest is entitled to a share of the current period profit or loss of the subsidiary (II), changes in equity of the subsidiary between the acquisition date and the beginning of the financial period (III), and the equity of the subsidiary at the acquisition date (IV).

A Non-Controlling Interest Is Entitled to a Share of Which