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Net Income
The total earnings of a company after subtracting all expenses, taxes, and costs from total revenue.
Significant Influence
Significant influence refers to the capacity of an individual or entity to affect the financial and operating policies of another entity without having full control.
Significant Influence
Significant influence refers to the power to participate in the financial and operating policy decisions of an investee without having full control or joint control.
Control
In management and accounting, Control refers to the processes, policies, and procedures implemented by an organization to ensure its objectives are met, including accuracy of financial reporting and compliance with laws.
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