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Undercover operations should only be used when:
Operating Activity
Activities that constitute the primary or main activities of an organization, such as sales or services.
Investment In Subsidiary
The purchase of shares or interests in a subsidiary company by a parent company to obtain control or significant influence over the subsidiary's management and operations.
Book Value
The net value of an asset as recorded on the balance sheet, calculated as the asset's cost minus accumulated depreciation.
Affiliate's Debt Instrument
A financial security issued by an affiliate entity, representing a loan made by investors to the affiliate.
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