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McClelland's Theory focuses on three needs.
Parent Entities
Companies that own enough voting stock in another company to control management and operations by influencing or electing its board of directors.
Consolidated Financial Statements
Financial reports that aggregate the financials of a parent company and its subsidiaries into one comprehensive document.
Equity Method
An accounting technique used to assess investments in which the investor has significant influence over the investee but does not exert full control.
Equity Method
An accounting technique used to record investments in other companies where the investor has significant influence but does not have full control or ownership.
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