Question

WRITE DOWN THE IMPORTANCE OF CONSOLIDATION
AND GET ❌5️⃣POINTS.
​

Answer 1

Answer:

Complete Overview – Consolidated statements allow investors, financial analysts, business owners and other interested parties to get a complete overview of the parent company. At a glance, they can view the overall health of the business and how each subsidiary impacts the parent company.

hope it helps you out

Answer 2

(ᵔᴥᵔ)(ᵔᴥᵔ) sɪᴍᴘʟɪғɪᴄᴀᴛɪᴏɴ – ᴄᴏɴsᴏʟɪᴅᴀᴛɪᴏɴ sᴏғᴛᴡᴀʀᴇ ᴄᴜᴛs ᴏᴜᴛ ᴀʟʟ ᴛʀᴀɴsᴀᴄᴛɪᴏɴs ᴛʜᴀᴛ ᴏᴄᴄᴜʀ ʙᴇᴛᴡᴇᴇɴ sᴜʙsɪᴅɪᴀʀɪᴇs ᴀɴᴅ ᴛʜᴇ ᴘᴀʀᴇɴᴛ ᴄᴏᴍᴘᴀɴʏ sɪɴᴄᴇ, ɪɴ ᴛʜᴇ ɢʀᴀɴᴅ sᴄʜᴇᴍᴇ ᴏғ ᴛʜᴇ ʙᴜsɪɴᴇss, ᴛʜᴇsᴇ ᴛʜɪɴɢs ᴄᴀɴᴄᴇʟ ᴇᴀᴄʜ ᴏᴛʜᴇʀ ᴏᴜᴛ. ᴇʟɪᴍɪɴᴀᴛɪɴɢ ᴛʜᴇsᴇ ᴛʀᴀɴsᴀᴄᴛɪᴏɴs ɢɪᴠᴇs ᴀ sɪᴍᴘʟɪғɪᴇᴅ ᴠɪᴇᴡ ᴏғ ʙᴜsɪɴᴇss ᴘᴇʀғᴏʀᴍᴀɴᴄᴇ. (ᵔᴥᵔ)(ᵔᴥᵔ)