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Which of the following statements regarding non controlling interest is incorrect? a) NCI shares the profit and equity of both the parent and subsidiary b)

Which of the following statements regarding non controlling interest is incorrect? a) NCI shares the profit and equity of both the parent and subsidiary b) When there is NCI, the parent cannot eliminate 100% of pre acquisition equity of the subsidiary c) Only upstream intra group transactions would affect NCI d) NCI can have a negative value

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