Examlex
What is a Performance and Accountability Report (PAR)? Describe its purpose and contents.
Income Statement
The income statement is a financial document that reports a company's financial performance over a particular period, showing revenues, expenses, and net income or loss.
Financial Statement
A formal record of the financial activities and position of a business, individual, or other entity, typically including income statement, balance sheet, and statement of cash flows.
Balance Sheet
A financial statement that shows a company's assets, liabilities, and shareholders' equity at a particular point in time, providing a snapshot of its financial condition.
Statement of Stockholders' Equity
A financial document that details the changes in equity of a company over a specified period, including items like issued shares, dividends, and earnings.
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