When Faced with a List of Terms to Memorize in One

question 105

Short Answer

When faced with a list of terms to memorize in one of his college courses,Brendan creates an acrostic-a sentence in which successive words begin with the same letter as the corresponding list word.Formal organizational strategies such as this are termed .

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Definitions:

Gaining Control

Refers to obtaining the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities, often realized through acquisitions or significant share purchases.

Subsidiaries

Companies that are controlled by another company, known as the parent company, usually through majority ownership of its shares.

Equity Method

An accounting technique used to record investments in which the investor has significant influence over the investee but does not fully control it.

Effective Income Tax Rate

The mean rate at which a person or company is taxed, determined by dividing the total amount of tax owed by the taxable income.