Examlex
Which of the following is a general-purpose medium?
Entity Method
An approach in accounting that records the investments of a parent company in a subsidiary as distinct separate entities.
Consolidated Net Income
The total net income of a parent company and its subsidiaries after eliminating inter-company transactions.
Non-Controlling Interest
This refers to the portion of equity in a subsidiary not owned by the parent company, representing minority shareholders' rights in the subsidiary's net assets.
Marketable Securities
Financial instruments that can be easily converted into cash at market value, such as stocks, bonds, and treasury bills.
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