Question

what is data consolidation ? ​

Answer 1

Explanation:

Data consolidation is the corralling, combining, and storing of varied data in a single place. It lets users manipulate different types of data from one point of access and helps turn raw data into insights that drive better, faster decision-making. The term sometimes is used interchangeably with data integration.

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Answer 2

Answer:

In business terms, consodilation is the merger and acquisition of many smaller companies into a few much larger ones. In the context of financial accounting, consodilation refers to the aggregation of financial statements of a group company as consolidated financial statements.