Examlex
Which of the following accounting methods is used to account for controlling interest investments?
Board of Directors
A group of individuals elected by the shareholders of a corporation to oversee the management and make major decisions affecting the company's policies and strategies.
Horizontal Acquisition
A business strategy where a company acquires another in the same industry and at the same level of the supply chain.
Automaker
A company that manufactures and sells vehicles, including cars, trucks, and motorcycles.
Acquires
Obtains ownership or control of another company or asset through purchase or merger.
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