1.IFRS permits several methods to be used to determine the fair value of the non-controlling interest in a subsidiary at the acquisition date. Which of the following is NOT an appropriate method to determine the fair value of the non-controlling interest (NCI)?

A.	The NCI may be valued at the market value of the subsidiary's shares.
B.	The NCI can't be valued objectively, so a nominal value of one dollar is assigned to the NCI.
C.	The NCI may be valued by determining the fair value of the business by means of an independent business valuation and then deducting the fair value of the controlling interest.
D.	The NCI may be valued proportionately to the price paid by the parent for its controlling interest.

2.

If the non-controlling interest at acquisition is based on the fair value of the subsidiary's identifiable net assets, which consolidation method is being applied?

A.	Parent company method
B.	Fair value enterprise method
C.	Identifiable net assets method.
D.	Proportionate consolidation method

3. Non-controlling interest (NCI) is presented under the liabilities section of the consolidated balance sheet under the:

A.	the parent company method.
B.	the proportionate consolidation method.
C.	both the parent company method and the proportionate consolidation method.
D.	the fair value enterprise method.