Examlex
During transcription, _____.
Consolidation
The process of combining financial information from several departments or subsidiaries within a company into a single financial statement.
Controlling Financial Interest
A situation where an entity has the power to govern the financial and operating policies of another entity so as to benefit from its activities.
Consolidated Retained Earnings
The accumulated net income of a corporation and its subsidiaries after dividends have been paid out to shareholders, presented in the consolidated financial statements.
Acquisition
The act of obtaining control of another company by purchasing its shares or assets.
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