Examlex
_____ consists of data that have been processed or turned into some useful form.
Presentation Currency
The form of money utilized in the presentation of a corporation's financial reports.
Shareholders Equity
The residual interest in the assets of a corporation after deducting its liabilities, representing the amount that would be returned to shareholders if all assets were liquidated and all debts repaid.
Closing Rate
The exchange rate used to convert foreign currency-denominated financial statements of a subsidiary into the reporting currency of the parent company at the balance sheet date.
Foreign Subsidiary
A company that is completely or partially owned and controlled by another company, but operates in a different country than the parent company.
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