Examlex
Which of the following best describes data entry?
Parent Entity
A company that holds a controlling interest in another company, giving it control of its operations and policies.
Subsidiary
A company that is completely or partly owned and partly or wholly controlled by another company, known as the parent company.
Unrealised Profits
Profits that have been reported but not yet realized through cash or other payments.
Consolidation Adjustments
Adjustments made to a parent company's financial statements to eliminate the effects of intercompany transactions when consolidating subsidiaries.
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