Examlex
Nonverbal cues are not important in virtual groups because group members do not see each other face-to-face.
Equity Method
An accounting technique used by companies to assess their investments in other companies, recognizing income and changes in investment value proportionate to ownership level.
Consolidated Balance Sheet
A financial statement that aggregates the financial position of a parent company and its subsidiaries, presenting it as one single entity.
Consolidation Elimination
The process of removing internal transactions and balances between entities within a single group to prepare consolidated financial statements.
Equity Method
An accounting technique used to record investments in affiliate companies where the investor has significant influence but not full control, typically between 20% and 50% ownership.
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