A Mnemonic Is a

question 2

Multiple Choice

A mnemonic is a

• A) sensory memory.
• B) test or measure of memory.
• C) long-term memory.
• D) memory aid.

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Definitions:

Noncontrolling Interest

The portion of equity in a subsidiary not attributable, directly or indirectly, to a parent company.

Net Income

A company's final profit after total revenue has had taxes, costs, and other expenses removed.

Income Statement

A financial statement that reports a company's revenues, expenses, and profits over a specified period, showing how the revenue is transformed into net income.

Consolidated Net Income

The total net income of a parent company and its subsidiaries after the elimination of intercompany transactions and accounts.