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Answer Posted / p.v.kumar
Consolidation means in my point of view am share oneexample:
One Organization an implemented some different Projects
like
a. Income generation
activities
b. Self
employment trainings to
Youth
c. Milch animal scheme to poor
people in Rural area etc...
In these swtichation the organization maintained different
types of accounting procedures
Preparing different types of financial reports and other
records. In this connection financial person could
consolidated these financial reports or statements in
proper way to understand every one what is the present
condition of the Organization comparison with last
year.
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