Examlex
What is the role of "soft assets" in the new information economy? Why has an AIS not reported on the company's human resources?
Owned Subsidiary
A company whose majority of shares is held by another company, making it controlled by the parent company.
Intra-entity Gross Profit
Profits arising from transactions within the same entity, requiring elimination during the consolidation process to avoid overstatement of revenues.
Consolidation Process
The method by which a parent company combines its financial statements with those of its subsidiaries to produce a single set of financial statements representing the entire group of companies.
Voting Common Stock
Shares that grant the shareholder the right to vote on corporate policies and board elections.
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