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Analysing Common Size Profit and Loss

Financial sta...

Question

Financial statement in relation to a company includes __________.

A

Balance Sheet

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B

Statement of Profit & Loss

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C

Cash Flow Statement

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D

All of the Above

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Solution

The correct option is D All of the Above
Financial statements are written records of a business's financial situation. They include standard reports like the balance sheet, income or profit and loss statements, and cash flow statement.

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