Which Set of Statements Comprises the Major Output of Financial

question 38

Multiple Choice

Which set of statements comprises the major output of financial accounting?

• A) general journal, cash budget, and capital budget
• B) annual report, social audit, and balanced scorecard
• C) balance sheet, income statement, and statement of cash flows
• D) dividend record, auditor's opinion, and master budget

---

Definitions:

Aesthetic Totality

The concept in art and aesthetics that a work of art is a complete and unified whole that evokes a harmonious and comprehensive experience.

Nonmoral Evil

Harm, suffering, or misfortune that is not the result of human actions and lacks moral dimension, such as natural disasters.

Deserves to Suffer

The notion that an individual's actions can warrant suffering as a just or appropriate consequence.

Religious Tolerance

The acceptance and allowance of different religious beliefs and practices without persecution or discrimination.