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Evaluate the integral.
Financial Statements
Formal records of the financial activities and position of a business, presenting its operations, financial condition, and cash flows.
Consolidated Financial Statements
Financial statements that show the aggregated financial position and results of operations for a parent company and its subsidiaries.
Parent's Control
The influence and authority a parent company holds over its subsidiary's operations and financial decisions.
Subsidiaries
Companies controlled by a parent company through the ownership of more than half of their voting stock or through other means of control.
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