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A student tells a classmate, "You didn't miss much from yesterday's class. The professor mostly told about his memory tests with African elephants." The student recalled the ____ of the previous lecture.
Non-Controlling Interest
A minority stake in a subsidiary that is not owned by the parent company, reflected as a separate component of equity in the consolidated financial statements.
Equity Method
An accounting technique used to record equity investments to reflect the investor's share of the investee's earnings or losses.
Acquisition Differential
The difference between the purchase price of a company and the fair market value of its identifiable net assets at the time of acquisition.
Unrealized Intercompany Profits
Profits that result from transactions between companies within the same group, which are not realized until sold to an external party.
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