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The collective bargaining process involves two sides: management representing the employing company and the labor union representing workers.
Combined Financial Statements
Financial statements that present the assets, liabilities, and operating results of two or more affiliated companies as if they were a single economic entity.
Consolidated Financial Statements
Combined financial statements of a parent company and its subsidiaries, presenting the financial position and results of operations as one entity.
Consolidated Financial Statements
Financial statements that aggregate the financials of a parent company with those of its subsidiaries.
Relevant Activities
Activities of the investee that significantly affect the investee’s returns.
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