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A noncontrolling (minority) interest arises when a parent company excludes the subsidiary company from the consolidated financial statements. O a parent company owns less than

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A noncontrolling (minority) interest arises when a parent company excludes the subsidiary company from the consolidated financial statements. O a parent company owns less than 100% of the stock of a subsidiary. lco nt ne coded O a subsidiary company represents less than 20% of the value of the consolidated company

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