Question:Which of the following statements is not true? Consolidated financial statements are useful to: 

A determine the profitability of specific subsidiaries. 
B determine the total profitability of enterprises under common control. 
C determine the breadth of a parent company's operations. 
D determine the full extend of total obligations of enterprise under common control. 

+ Answer
A 

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Md. Saydul Alam

Editor, VCampus

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