alleryStart learning →NCI is equity in a subsidiary not attributable to whom?
AThe subsidiary's own directors
BThe parent, directly or indirectly
CThe group's external lenders
DThe subsidiary's own auditors
Answer & Solution
Correct answer: B. The parent, directly or indirectly
IFRS 10 defines NCI as the equity in a subsidiary that does not belong, directly or indirectly, to the parent.
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