Examlex
Which of these statements about trends in internal migration in the U.S.is true?
Primary Beneficiary
The primary beneficiary is the entity that has the controlling financial interest in a variable interest entity, and thus is the party that consolidates the entity's financial statements with its own.
Consolidation
The process of merging multiple financial statements of a parent company and its subsidiaries into a single, aggregated document for reporting purposes.
Intra-Entity Transactions
Transactions that occur between divisions or units within the same company, often used for internal accounting purposes.
Variable Interests
Financial interests in an entity that change with changes in the entity's net asset value, such as interests in a variable interest entity.
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