Examlex
A software as a service (SaaS) company offers a cloud solution for document management to private law firms and the public sector. A local government client recently mandated that highly confidential documents cannot be stored outside the country. The company CIO asks a Solutions Architect to ensure the application can adapt to this new requirement. The CIO also wants to have a proper backup plan for these documents, as backups are not currently performed. What solution meets these requirements?
Intragroup Transactions
Deals or exchanges of goods, services, or funds between entities under the same parent company, often used for transferring resources within a corporate group.
NCI Share
The portion of equity (net assets) in a subsidiary not attributable, directly or indirectly, to the parent company, also known as non-controlling interest share.
Adjusted
Modified or changed financial statements or data to reflect more accurately the economic reality.
Negative NCI
A scenario where the non-controlling interest (minority interest) in a subsidiary has a debit balance, indicating that the subsidiary has incurred losses.
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