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An organization is a component unit of a primary government and hence part of the primary government's financial reporting entity,provided that:
Merchant Wholesalers
Businesses that buy goods in bulk from manufacturers and sell them, usually in smaller quantities, to retailers or other businesses, but not directly to consumers.
Agents and Brokers
Intermediaries who facilitate the buying and selling process in various markets, often dealing in real estate, insurance, or securities.
Title to Merchandise
The legal right of ownership of goods, indicating that the holder has the right to control the use and disposition of the items.
Broker
An individual or firm that acts as an intermediary between buyers and sellers, typically earning a commission for facilitating transactions.
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Q149: The external environment of an organisation identifies