BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Ownership position of less than 50 per cent in a business is known as: Majority Interest.

Detailed explanation-2: -What is Minority Interest? A minority interest is less than 50 per cent ownership or interest in a company. The word can apply to either stock ownership or a shareholding interest in a company. An investor or other entity other than the parent company holds a minority interest in a company.

Detailed explanation-3: -The minority interest can be found in the noncurrent liability section or equity section of the parent company’s balance sheet under the generally accepted accounting principles (GAAP) rules.

Detailed explanation-4: -The calculation of minority interest is relatively simple and requires the use of minority shareholders’ percentage ownership of a subsidiary. This measurement is then reported on the parent’s consolidated balance sheet and income statement in accordance with IFRS or U.S. GAAP rules.

Detailed explanation-5: -A minority interest refers to a stake in a company that is otherwise controlled by a parent company. This usually occurs in subsidiaries where the parent company owns more than 50% of the voting shares.