can you answer these questions

1. Diversification of business risk is one of the advantages of business combinations. Explain this advantage using example. 2. Compare and contrast consolidation with and without dissolution using example. 3. What is to mean consolidated financial statements and the reason to prepare consolidated financial statements? 4. Explain how consolidation affects the accounting records. 5. In acquisition method of business combination fair value is used to measure the acquirer's interest in the acquired business. In comparing the amount of consideration with the fair value explain the three probable results that we may found. 6. Compare and contrast cash flow hedge and fair value hedge. 7. What is functional currency? 8. What is to mean harmonized accounting standards and explain its advantage? 1. There are two translation methods of accounting for foreign currency. Explain those methods. 2. What is to mean by diverse accounting standards and explain its problems? 3. Explain the criteria's to be fulfilled for segments to be reportable