Which of the Following Financial Statements Is Designed Primarily for Internal

question 229

Multiple Choice

Which of the following financial statements is designed primarily for internal use of the corporation managers (e.g., the production manager) ?

• A) Income statements
• B) Statement of retained earnings
• C) Budget
• D) Balance sheets
• E) Statements of cash flow

---

Definitions:

Spermicides

Chemicals that are used in various contraceptive methods to kill or immobilize sperm, reducing the chance of pregnancy.

Oral Contraceptives

Medications taken by mouth to prevent pregnancy, containing hormones that inhibit ovulation, alter the cervical mucus, or change the uterine lining.

Ovum Transport

The process by which an ovum (egg) is moved from the ovary through the fallopian tube toward the uterus, a necessary step for potential fertilization.

Cervical Mucus

A fluid produced by the cervix that varies in consistency throughout the menstrual cycle, playing an important role in fertility and protecting the uterus from infections.