Examlex
Which of the following are considered "advance directives"? (Select all that apply. )
Consolidation Adjustment
Adjustments made to financial statements in the process of combining the financial information of parent and subsidiary entities into a single set of financial statements.
Consolidated Profit
The total profit of a group of companies after adjusting for inter-company transactions, presented in the consolidated financial statements.
External Entities
Organizations or individuals outside of a company that interact with the business, such as suppliers, customers, or regulators.
Legal Entity
An organization or business that is given legal rights and responsibilities, including the ability to enter into contracts, own property, and sue or be sued.
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