Examlex
At a job interview an applicant was asked the following: "How did you handle a situation where there were no rules or guidelines for employee discipline?" Which type of interview was it?
Fair Value
The estimated price at which an asset or liability could be traded in an arm's length transaction between informed, willing parties.
Pro-Rata Share
A portion of something that is divided among participants in proportion to their share, interest, or contribution.
Proportionate Consolidation Method
A method of accounting where a parent company includes its share of the assets, liabilities, income, and expenses of a joint venture or associate in its financial statements proportionate to its ownership interest.
Identifiable Net Assets Method
An accounting technique used to value a company by identifying and valuing its tangible and intangible assets separately from goodwill.
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