The Three Important Financial Statements Prepared by Accountants Are

question 47

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:

Heterozygous

Having two different alleles.

Homozygous

Having two identical alleles.

Allele

One of two or more alternative forms of a gene that arise by mutation and are found at the same place on a chromosome.

XYY Sex Chromosomal

Refers to a genetic condition in which a male has an extra Y chromosome, often associated with tall stature but typically without significant physical or mental disabilities.