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Active Record provides Ruby on Rails with database independence, allowing it to work with all major database management systems.
NCI Adjustment
Adjustments made to account for the non-controlling interest's share in the equity of a subsidiary.
Profit
The financial benefit realized when revenue generated from business activities exceeds the expenses and costs.
Indirect NCI
Is a concept related to non-controlling interest (NCI) that involves the indirect ownership stake of a parent company in a subsidiary through its interest in another subsidiary.
Direct NCI
Refers to the non-controlling interest that is directly attributable to a parent company's ownership in a subsidiary.
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