Which of the Followings Is Not the Reason of Preparing

question 29

Multiple Choice

Which of the followings is not the reason of preparing consolidated statements?

• A) To show parent entity's accountability in managing the group's assets
• B) To provide investors with relevant information
• C) To provide investors with useful information for comparisons between entities
• D) To achieve efficiency by producing only one set of financial statements for the whole group.

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Definitions:

Severe Mental Illness

A mental disorder that significantly interferes with one's ability to function in daily life, often requiring long-term treatment.

Abnormal Behavior

Actions or behaviours that deviate significantly from what is considered typical or normal by society or cultural standards.

Normal Adult

An individual considered to be in the typical range of psychological, emotional, and physical development for their age group.

Childhood Development

The study of the psychological, emotional, and physical changes that occur in children from birth through early adulthood.