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Which of the following is an example of arbitrary inference?
Consolidated Financial Statements
Financial statements that present the assets, liabilities, equity, income, expenses, and cash flows of a parent company and its subsidiaries as one single entity.
Consolidated Sales
The total sales of a parent company and its subsidiaries, after eliminating intercompany sales, presented as a single sales figure for the entire company group.
Intra-entity Transfers
Transactions of goods, services, or funds between units of the same company, often requiring elimination adjustments during consolidation.
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