Reading 29: Financial Statement Analysis: An Introduction - represents, statements, following, specific, balance

mayanfang1

Q1. Which of the following statements represents information at a specific point in time?

A)     The income statement and the balance sheet.

B)     The balance sheet.

C)     The income statement.

mayanfang1

答案和详解如下：

Q1. Which of the following statements represents information at a specific point in time?

A)     The income statement and the balance sheet.

B)     The balance sheet.

C)     The income statement.

Correct answer is B)         

The balance sheet represents information at a specific point in time. The income statement represents information over a period of time.

mcdullpong

thanks

songj22

hi

mcdullpong

B

goofey

thanks

virtuallab

good

Michjay

a

hollyhe

[em01]

jingyi

thanks