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Which of the Following Is a Limitation of Consolidated Financial

Question 25

Multiple Choice

Which of the following is a limitation of consolidated financial statements?


A) Consolidated statements provide no benefit for the stockholders and creditors of the parent company.
B) Consolidated statements of highly diversified companies cannot be compared with industry standards.
C) Consolidated statements are beneficial only when the consolidated companies operate within the same industry.
D) Consolidated statements are beneficial only when the consolidated companies operate in different industries.

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