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Describe the advantages and disadvantages of batch processing.
Non-Controlling Interest
A portion of the equity in a subsidiary not held by the controlling company, often representing the share of minority shareholders.
Net Income
The total profit or loss of a company after all expenses, taxes, and costs have been subtracted from total revenues.
Subsidiary
A company that is controlled by another company, typically through majority share ownership.
Fair Value
The value obtained for offloading an asset or incurred in passing on a liability in a smooth transaction among those active in the market on the evaluation date.
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