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ACCOUNTING 202
CHAPTER 15
TRUFFLE STATEMENTS
1. Intercompany comparisons of the same financial statement items can often
detect changes in financial relationships and significant trends.2. Calculating
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What is intracompany comparisons of form?
Intracompany comparisons of form are reports that companies use to compare financial data within their own company.
Who is required to file intracompany comparisons of form?
Companies that have multiple subsidiaries or divisions are required to file intracompany comparisons of form.
How to fill out intracompany comparisons of form?
To fill out intracompany comparisons of form, companies need to gather financial data from all their subsidiaries or divisions and compare them using the specified form.
What is the purpose of intracompany comparisons of form?
The purpose of intracompany comparisons of form is to analyze the financial performance of different parts of a company to identify areas of improvement or concern.
What information must be reported on intracompany comparisons of form?
Information such as revenue, expenses, assets, and liabilities of each subsidiary or division must be reported on intracompany comparisons of form.
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