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Which of the following statements is incorrect? The NCI is entitled to a share of the groups consolidated equity. The calculation of the NCI is
Which of the following statements is incorrect?
The NCI is entitled to a share of the groups consolidated equity. | ||
The calculation of the NCI is not affected by profits or losses relating to intra-group transactions. | ||
The NCI is a contributor of equity to the consolidated group. | ||
The NCI is entitled to a share of the subsidiarys equity adjusted for the effects of profits or losses made on intra-group transactions. |
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