Question: What does the term consolidated mean when used to describe financial statements? A) Consolidated means that the financial statements contain the information of more than

What does the term consolidated mean when used to describe financial statements?

A) Consolidated means that the financial statements contain the information of more than one company. B) Consolidated means that the five financial statements have been totalled together. C) Consolidated means that financial statements are presented for two years. D) Consolidated means that the financial statements have been approved by an auditor.

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