Examlex
Write the word or phrase that best completes each statement or answers the question.
Provide an appropriate response.
-Explain the error in the following:
Parent Ltd Indirect Interest
An ownership interest held by a parent company in a subsidiary through another subsidiary rather than directly.
Multiple Consolidation
The process of integrating financial statements from multiple subsidiaries into one aggregated set of financial statements for the parent company.
Ownership Interests
The rights and shares held by an entity or individual in another company, evidencing an ownership stake.
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