Examlex
Simulation is the attempt to duplicate the features, appearance, and characteristics of a real system, usually by means of a computerized model.
Annually
Occurring once every year or relating to a period of one year.
Significant Influence
The power to participate in the financial and operating policy decisions of an investee but not control those policies.
Consolidated Financial Statements
Financial statements that aggregate the financial information of a parent company and its subsidiaries as if they were a single entity.
Parent
A term used to refer to a company that owns more than half of another company, making the latter a subsidiary.
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