Consolidated Balance Sheet | Minority Interest | CFA® Level 1 Exam

Minority Interest on the Consolidated Balance Sheet

Prev Question Next Question

Question

Minority interest on the consolidated balance sheet is listed ________.

Answers

Explanations

Click on the arrows to vote for the correct answer

A. B. C. D. E.

C

Minority interest represents the proportionate stake of minority shareholders in a company's majority- owned subsidiary that is consolidated. Minority interest is neither a liability nor equity but it is a financing component and, therefore, is presented between liabilities and shareholders' equity.