One purpose of the consolidation worksheet is to eliminate the effect of intragroup dividends.

Name: One purpose of the consolidation worksheet is to eliminate the effect of intragroup dividends.
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Quizplus · Accepted Answer

The consolidation worksheet is used to combine financial information from two or more companies into a single entity, and one of the purposes of this is to eliminate the impact of intragroup transactions, such as dividends, to provide a more accurate picture of the consolidated financial statements.

One Purpose of the Consolidation Worksheet Is to Eliminate the Effect