Examlex
In which of the following ways has sovereign authority reasserted itself over the last decade?
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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