Examlex
Laws in the United States that allowed such things as "white only" swimming pools, restaurants, schools, beaches, and the like, similar to apartheid in South Africa, were known as:
NCI
Non-Controlling Interest, which refers to ownership in a subsidiary not attributable directly or indirectly to the parent company, often reflecting in consolidated financial statements.
Entity Method
An approach to accounting and financial reporting that sees the company as separate from its owners, focusing on the company's transactions and financial state.
Carrying Value
The net amount at which an asset or liability is valued on the balance sheet, considering factors such as original cost, accumulated depreciation, and impairment losses.
Fair Value
Fair value is the estimated price at which an asset or liability could be exchanged between knowledgeable, willing parties in an arm's length transaction.
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