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Which of the following is the lowest level of empowerment?
Financial Statements
Reports that summarize the financial performance and financial position of a company, including the balance sheet, income statement, and cash flow statement.
Intercompany Sales
Transactions of goods or services between divisions, subsidiaries, or affiliated companies within the same conglomerate.
Equity Method
An accounting method used to account for investments in other companies by recognizing the investor’s share of the investee's profits and losses.
Contractual Agreement
A legally binding contract between two or more parties outlining the terms and conditions of their arrangement.
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