Q3 Mokhasimbe Limited owns 90% of Mphahlele Limited which in turn owns 80% of Nethengwe Limited. Nethengwe Limited owns 100% of Msoma Limited. Consolidated financial statements should be prepared to report the financial status and results of operations for: Select one: a. Mokhasimbe Limited b. Mokhasimbe Limited and Mphahlele Limited c. Mokhasimbe Limited, Mphahlele Limited and Nethengwe Limited d. Mokhasimbe Limited, Mphahlele Limited, Nethengwe Limited and Msoma Limited

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Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.