The Three Important Financial Statements Prepared by Accountants Are

question 220

Multiple Choice

The three important financial statements prepared by accountants are:

• A)Ledger,journal,and trial balance.
• B)Cash budget,capital budget,and master budget.
• C)Revenue summary,expense summary,and consolidation statement.
• D)Balance sheet,income statement,and statement of cash flows.

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Definitions:

Seismic Reflection Survey

A geophysical method for exploring Earth's subsurface by sending seismic waves and analyzing the reflected signals from subsurface structures.

Magnetic Survey

A geophysical method for mapping variations in the Earth's magnetic field, often used in mineral exploration.

Gravity Survey

A geophysical method for measuring variations in the Earth's gravitational field, which can indicate differences in the distribution of densities and hence the structure of the subsurface.

Plate Boundaries

The edges where two or more of Earth's tectonic plates meet, often associated with seismic and volcanic activities.