Sorry, can someone please explain what the difference is between “consolidation” and “proportionate consolidation”?
I had the same question as asked by the OP. I thought Schweser was wrong but Brijwanth’s answer implies otherwise. The question is specific in saying “consolidation” but not saying “proportionate consolidation”.
EDIT: I think I figured it out. I’m used to calling “consolidation” the “acquisition method”. I guess they are the same thing?