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On consolidation workpapers, the controlling share of consolidated net income is determined by: a. Adding net income of the parent and subsidiary b. Deducting consolidated
On consolidation workpapers, the controlling share of consolidated net income is determined by:
a. Adding net income of the parent and subsidiary
b. Deducting consolidated expenses and noncontrolling interest share from consolidated revenues
c. Making adjustments to the parent's income
d. Subtracting noncontrolling interest share from parent net income.
Choose the correct answer: a, b, c, or d
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