Examlex
Match the definition with the term.
-vitalism
Consolidation
Consolidation involves combining the financial statements of multiple subsidiaries or businesses into a single, aggregated set of financial statements for the parent company.
Consolidated Balance Sheet
A financial statement that combines the assets, liabilities, and equity of a parent company with its subsidiaries.
Straight-Line Method
A method of calculating depreciation of an asset by evenly spreading its cost over its useful life.
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