Define Confidence-Interval Approach

question 111

Short Answer

Define confidence-interval approach.

---

Definitions:

Equity Method

An accounting technique used in consolidating the financial statements of entities in which an investment has been made and significant influence is held.

Subsidiary Company

A company that is completely or majority-owned by another corporation, known as the parent company.

Parent Company

A corporation that owns enough voting stock in another corporation to control its management and operations.

Amortization

The process of gradually writing off the initial cost of an asset over its useful life.