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Vicky is a parent who does not know a lot about child development. She expects her child to be able to do more than she is developmentally capable of. Vicky has low self-esteem, poor coping skills, and is unhappy most of the time. She yells at her children almost every day. What are Vicky's children at risk for?
Eliminate Unrecognized
The process of removing gains, losses, or other items that have not been realized or acknowledged formally from the financial statements.
Intra-entity Gross Profit
The profit recorded from transactions that occur within the same entity, often eliminated in consolidation.
Eliminate Intra-entity Transfer
The process of removing sales and purchases of goods or services made between companies within the same corporate group in consolidated financial statements.
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