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Per governing bodies such as FASB, there is a presumption that consolidated financial statements are more meaningful (such as providing the most relevant information) than

Per governing bodies such as FASB, there is a presumption that consolidated financial statements are more meaningful (such as providing the most relevant information) than separate financial statements for the end-users internally and externally. Take a position on whether you agree or disagree with this presumption for both user types. Provide support for your rationale.

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