Examlex
Another name for the balance sheet is the statement of financial position.
Vertical Integration
A strategy where a company expands its operations into different stages of production or distribution within the same industry.
Consolidated Cash Account
A combined account that aggregates the cash balances of a parent company and its subsidiaries to give a total cash figure in consolidated financial statements.
Business Combination
The process of merging or acquiring another company to expand operations, enter new markets, or acquire new technologies.
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