Advanced Accounting
Advanced Accounting
14th Edition
ISBN: 9781260247824
Author: Joe Ben Hoyle, Thomas F. Schaefer, Timothy S. Doupnik
Publisher: RENT MCG
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Chapter 8, Problem 1Q
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Describe how consolidation process tends to disguise information needed to analyze the financial operations of a diversified organization.

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Consolidation process tends to disguise information needed to analyze each part of the organization.

Investors like segment reporting as they can see each financials from each department to see how corporation are doing.

The process blurs if there are any losses as they are adding every department to offset any losses.

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