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What is the primary objective of consolidation procedures? What are the different methods of consolidation? In what circumstances would you choose each method?

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What is the primary objective of consolidation procedures? What are the different methods of consolidation? In what circumstances would you choose each method?

The primary objective of consolidation procedures is to give investors, regulators, and trade partners, suppliers, and appropriate information to evaluate the firm's true financial status. The primary objective is to enable the stakeholders of the corporation to understand the economic standing of the corporation. The consolidation process helps the company summarize all operating information under ...

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