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2. True or false: total consolidated net income can be completely allocated between income attributable to the parent and income attributable to the noncontrolling interest.

2. True or false: total consolidated net income can be completely allocated between income attributable to the parent and income attributable to the noncontrolling interest. 3. When the parent company owns less than 100% of the investee, which two accounts are always credited in consolidating entries (S) and (A)? 4. What are the four components of NCI that appear in the consolidation worksheet when the parent owns less than 100% of the investee

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