Multiple Choice
What does the term "consolidated" mean when used to describe financial statements?
A) Consolidated means that financial statements are presented for two years.
B) Consolidated means that the financial statements have been approved by an auditor.
C) Consolidated means that the five financial statements have been totalled together.
D) Consolidated means that the financial statements contain the information of more than one company.
Correct Answer:
Verified
Correct Answer:
Verified
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