Examlex
Quality sources maintain objectivity by:
Intercompany Transactions
Financial dealings between two or more entities within the same parent company structure.
Integrated Subsidiary
A subsidiary whose operations are closely intertwined with its parent company, sharing resources, processes, and management.
Foreign Exchange Gains
Profits resulting from changes in exchange rates affecting the value of assets, liabilities, or financial transactions denominated in a currency other than the entity's functional currency.
Wholly Owned Subsidiary
A subsidiary where the parent company owns 100% of the shares, giving it complete control over the subsidiary.
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