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A __________________ Is a Moving 12-Month Budget

question 22

Short Answer

A __________________ is a moving 12-month budget.


Definitions:

Consolidation

The process of combining the financial statements of a parent company with those of its subsidiaries to present as if the group of companies was a single economic entity.

Amortization

The gradual reduction of a debt or the cost of an intangible asset over a specified period of time.

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