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Matching Approach and Weakness (Each Can Be Used More Than

question 23

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Matching Approach and Weakness (each can be used more than once)
-An individual's principles may be in conflict with what is best and causes the least amount of harm to another individual. For example, an individual who believes that he or she should not lie would be conflicted about telling the Nazi's he or she is hiding Jews in the basement.


Definitions:

Net Income

A company's final profit after total revenue has had taxes, costs, and other expenses removed.

Income Statement

A financial statement that reports a company's revenues, expenses, and profits over a specified period, showing how the revenue is transformed into net income.

Consolidated Net Income

The total net income of a parent company and its subsidiaries after the elimination of intercompany transactions and accounts.

Noncontrolling Interest

An ownership interest in a corporation where the stake is not large enough to exert control over the company's policies or decisions, also known as minority interest.

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