Which of the following statement is correct regarding the Non$-$controlling Interest $($NCI$)$ account?

Question $10$ Select one:

a$.$

NCI represents the $\%$ of subsidiary that was owned by the parent.

b$.$

NCI is reported as a non$-$current liability on the consolidated financial position.

c$.$

Parent can use fair value enterprise $($FVE$)$ or Identifiable Net Asset $($INA$)$ method to account the NCI.

d$.$

Parent will use cost method to account NCI balance.