Examlex
Refiloe won a lottery prize of r₁ million.She put the money in the bank to save it for her daughter's university education.For Refiloe, money was functioning primarily as a
Profit
The financial gain realized when the revenues generated from business activities exceed the expenses, taxes, and costs associated with maintaining the business.
Inter-Entity Transactions
Transactions that occur between two entities within the same parent company or corporate group, affecting the accounting practices and consolidation processes of the group.
NCI
An acronym for Non-Controlling Interest, representing minority ownership in an enterprise, where the owner does not have significant control over the company’s operations.
Dividend
A distribution of profits by a corporation to its shareholders, usually in the form of cash or additional shares.
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