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Consolidation
The process of combining the financial statements of two or more entities to form a single set of statements.
Financial Statements
Reports that provide an overview of a company's financial condition, including balance sheet, income statement, and cash flow statement.
Aggregation
The process of combining multiple items into a single group or total, often used in accounting and data analysis to simplify information.
Consolidated Financial Statements
Financial statements that aggregate the financial position and operating results of a parent company and its subsidiaries, presenting them as a single economic entity.
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