CFA Practice Question

There are 334 practice questions for this study session.

CFA Practice Question

Stockholders' equity may contain all of the following components, except:

I. Minority interests in consolidated subsidiaries.
II. Employee Stock Option Plan accruals.
III. Minimum pension liability.
IV. Reinvested earnings.
Correct Answer: The equity section may contain all of them

Both IFRS and U.S. GAAP present minority interests in consolidated subsidiaries as a separate line item in the equity section.

User Contributed Comments 3

User Comment
pjdeschenes Why minimum pension liability?
daverco Minimum pension liability shows up as a reduction of shareholder's equity.
davidt876 did not know that..
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