Examlex
In the context of aging, which of the following is true?
Intercompany Profit
Intercompany profit arises from transactions between units of the same company, requiring elimination during the consolidation process to avoid inflating revenues and profits.
After-tax Gain
The net profit that remains after subtracting the tax due from the total gain of a transaction or investment.
Equity Method
An accounting technique used to record an investor's earnings proportional to their stake in an associates company.
Cost Method
An accounting technique used to value investments, where the investment is recorded at purchase cost without recognizing subsequent changes in market value.
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