The IDA Offers an Alternative Loan Option Wherein Loans Are

question 8

Short Answer

The IDA offers an alternative loan option wherein loans are free of interest and offered for several decades.These loans are often called _____.

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Definitions:

Parent Entities

Companies that own enough voting stock in another company to control management and operations by influencing or electing its board of directors.

Consolidated Financial Statements

Financial reports that aggregate the financials of a parent company and its subsidiaries into one comprehensive document.

Equity Method

An accounting technique used to assess investments in which the investor has significant influence over the investee but does not exert full control.

Equity Method

An accounting technique used to record investments in other companies where the investor has significant influence but does not have full control or ownership.