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Answer: An example of consolidation in accounting can be seen when two or more companies merge. In this case, a parent company will purchase its subsidiaries' stock or assets to gain ownership. The parent then combines its data with its subsidiaries to create a financial report for all entities involved.

Consolidation processes consist of the assembly of smaller objects into a single product in order to achieve a desired geometry, structure, or property. These processes rely on the application of mechanical, chemical, or thermal energy to effect consolidation and achieve bonding between objects.

If you research product consolidation, you will find it has different meanings ing to the audience. For example, in the logistics industry, product consolidation refers to finding ways to store and ship products to maximize space and cost savings.

Debt consolidation means that your various debts–whether credit card bills or other loan payments–are rolled into one loan or monthly payment. If you have multiple credit card accounts or loans, consolidation may be a way to simplify or lower payments.

The term consolidate comes from from the Latin consolidatus, which means "to combine into one body." Whatever the context, to consolidate involves bringing together some larger amount of items into a single, smaller number. For instance, a traveler may consolidate all of their luggage into a single, larger bag.

Consolidation was the joining of two or more companies on relatively equal terms to form a new composite company. Frequently, company titles were maintained. For example, when Chase National Bank and Bank of Manhattan consolidated, the new organization became known as Chase Manhattan Bank.

to bring together (separate parts) into a single or unified whole; unite; combine: They consolidated their three companies. to discard the unused or unwanted items of and organize the remaining: She consolidated her home library.

Answer: An example of consolidation in accounting can be seen when two or more companies merge. In this case, a parent company will purchase its subsidiaries' stock or assets to gain ownership.