A(n)________ Cursor Takes a Snapshot of a Relation and Processes

question 36

Short Answer

A(n)________ cursor takes a snapshot of a relation and processes that snapshot,while changes from others sources are not visible to this type of cursor.

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Definitions:

Subsidiary

A company that is controlled by another company, usually by owning more than 50% of its voting stock.

AASB 124

An accounting standard issued by the Australian Accounting Standards Board relating to disclosures of related party transactions and relationships.

Related Party Disclosures

Financial reporting requirements that mandate entities to disclose transactions and relationships between the reporting entity and its related parties.

Control

In the context of financial reporting, control refers to the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities.