Question
10. The non-controlling interest in net assets of a partially owned subsidiary is: a. Decreased by amortization of differences between fair values and carrying values
10. The non-controlling interest in net assets of a partially owned subsidiary is:
a. Decreased by amortization of differences between fair values and carrying values of the subsidiarys net assets net assets when carrying values are greater than fair values.
b. Decreased by the NCIs share of subsidiarys dividends and increased by the NCIs share of subsidiarys adjusted net income
c. ncreased by the NCIs share of subsidiarys dividends and decreased by the NCIs share of subsidiarys adjusted net income
d. Decreased by share in impairment loss in goodwill if proportionate method of measuring NCI is used
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Forensic Accounting And Fraud Examination
Authors: Mary Jo Kranacher, Richard Riley
2nd Edition
1119494338, 9781119494331
