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:

Identification Outlook

The perspective or mindset with which an individual identifies with a particular group or ideology, influencing their attitudes and behaviors.

Social Categorization

The process by which individuals classify others into groups based on shared characteristics or traits, such as age, race, or gender.

Stereotype Content Model

A framework that explains the dimensions of social perception of individuals or groups, based on warmth and competence.

Competent

Having the necessary ability, knowledge, or skill to do something successfully.