11. The term minority interest represents
(2 points)
The interest of shareholders
holding majority of shares.
The interest of outsiders in
the subsidiary company
The company which holds
more than 51%in subsidiary
company
None of the above
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Minority interest refers to having a stake in a company that is less than 50% of the total shares in terms of voting rights. ... The concept is important in financial markets and particularly with public companies, leaving them with little influence in the overall decision-making process.
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