Examlex
Match each description with the item below.
-Earl Warren
Inventories
Goods or materials that a business holds for the purpose of sale or production.
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.
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