Examlex
Distant trees were located closer to the top of the artist's canvas than were the nearby flowers. The artist was clearly using the distance known as
Translation Gains
Profits resulting from converting the financial statements of a foreign subsidiary into the parent company's reporting currency, reflecting changes in exchange rates.
Autonomous Subsidiaries
Subsidiary companies that operate independently with their own management and decision-making processes, despite being owned by a parent company.
Intercompany Transactions
Financial dealings between two or more entities within the same parent company structure.
Integrated Subsidiary
A subsidiary whose operations are closely intertwined with its parent company, sharing resources, processes, and management.
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