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Question 10 5 pts Consolidated financial statements: O are prepared if the parent owns more than 20% of the investee's voting stock. O allow investors
Question 10 5 pts Consolidated financial statements: O are prepared if the parent owns more than 20% of the investee's voting stock. O allow investors to gain a better perspective on total operations than they could by examining the reports of the parent and each individual subsidiary. do not include a consolidated statement of cash flows because investors need to understand the separate cash flows of the parent and each individual subsidiary. O do not identify the amount of noncontrolling interest in subsidiaries stock because investors do not focus on that information. O None of the above
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