________ is the process of combining and integrating the financial results of foreign subsidiaries into the financial statements of the parent firm.
A) Hedging
B) Dumping
C) Consolidation
D) Trade credit

Question

Quizplus · Accepted Answer

Consolidation is the process where the financial results of subsidiaries are combined and integrated into the financial statements of the parent company. This process ensures that the financial statements reflect the total operations of the parent company and its subsidiaries.

________ Is the Process of Combining and Integrating the Financial