Examlex
The process of bending light rays so they focus on the retina is called ____________________.
Subsidiary Entity
A company that is controlled by another company, known as the parent company, through ownership of more than half of its voting stock or through control of its operations.
Parent Entity
A corporation that owns enough voting stock in another corporation to control management and operations by influencing or electing its board of directors.
Non-depreciable Asset
An asset that is not subject to depreciation due to its indefinite useful life or that it maintains its value over time, such as land.
Intragroup Sale
A transaction involving the exchange of goods or services between entities within the same corporate group.
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