The Financial Accounting Standards Board, which sets rules for U.S. companies' financial statements, and the International Accounting Standards Board, which does the same worldwide, requires companies to prepare consolidated financial statements when they hold a controlling interest -- more than 50 percent ownership -- in other businesses.
Scalawags and Carpetbaggers. Scalawags and Carpetbaggers were derogatory terms used in the aftermath of the Civil War. Scalawags referred to a group of white Republican Southerners who sympathized with the federal Reconstruction effort.
Bilbo Baggins was a Hobbit, and the main protagonist in The Hobbit. He was hired by Thorin and Company to be their burglar on the Quest of Erebor, and later fought in the Battle of the Five Armies. Bilbo was also one of the bearers of the One Ring, and the first to voluntarily give it up, although with some difficulty.