Examlex
Which of the following differentiates short reports from long reports?
Retained Earnings
The remaining net income for the company after distributing dividends to its shareholders.
Non-controlling Interest
An ownership interest in a subsidiary that is not significant enough to allow the holder to control or influence its policies.
Available-for-sale
A classification of financial assets indicating they can be sold in the future, not held to maturity or for trading immediately.
Derecognition
The removal of an asset or liability from a company's balance sheet when it is no longer controlled or owes it.
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