Exam4Training

Which of the following options provides a representation of how the non controlling interest in FG is measured in CD’s consolidated statement of financial position at 31 December 20X8?

Which of the following options provides a representation of how the non controlling interest in FG is measured in CD’s consolidated statement of financial position at 31 December 20X8?
A . • FV of NCI at acquisition; plus
• NCI’s share of post acquisition reserves of FG; plus
• NCI’s share of accumulated exchange differences arising on goodwill of F

C . • FV of NCI at acquisition; plus
• NCI’s share of post acquisition reserves of FG; plus
• NCI’s share of exchange difference arising on goodwill of FG for the year.
D . • FV of NCI at reporting date; plus
• NCI’s share of post acquisition reserves of FG; plus
• NCI’s share of exchange difference arising on goodwill of FG for the year.
E . • FV of NCI at reporting date; plus
• NCI’s share of group reserves; plus
• NCI’s share of accumulated exchange differences arising on goodwill of F

Answer: A

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