What is the noncontrolling interest in Subsidiary income?

Select one:

a. The difference between Parents reported income and Subsidiary reported income

b. The portion of Subsidiary income that is not included in consolidated income

c. The allocation of difference between fair value and book value

d. The part of Subsidiary income that is owned by shareholders other than Parents

2. Under the cost method of accounting, a parent company's journal entry to record income from subsidiary includes a debit to the investment account and a credit to the income account

Select one:

True

False