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Which of the following is a limitation of consolidated financial statements? Select one: A. The...

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Accounting

Which of the following is a limitation of consolidated financial statements?

Select one:

A. The investor and investee may be in different industries, making comparisons difficult.

B. Consolidated statements can mask the results of poorly performing subsidiaries.

C. Segment disclosures are often too summarized for effective analysis.

D. All of the above are limitations of consolidated statements.

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