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Following the ethical directives of a superior relates to
Eliminate Intra-entity Transfer
The process of removing transactions between entities within a single organization from the consolidated financial statements to prevent double counting.
Intra-entity Transfer
Transactions involving assets, services, or funds between units or divisions within the same legal entity.
Consolidated Income Statement
A financial statement that presents the overall income of a corporation and its subsidiaries as a single entity.
Deferred
In finance, this term refers to transactions or events that are postponed to a future date.
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