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Rachel Howard recently wrote a report on "The Impact of Global Warming" for the climate change campaign that she is working on.When she submitted the report to her manager,she received an overall positive response but the feedback also said,"It needs to follow a parallel structure." Which of the following does Howard need to change which will meet the parallel structure requirements of her manager?
Statement of Financial Position
A financial statement that shows the assets, liabilities, and equity of a company at a specific point in time.
Statement of Income
A financial report that provides a summary of a company's revenues, expenses, and profits over a specific period, often referred to as the profit and loss statement.
Comprehensive Income
The total non-owner change in equity for a reporting period, including all recognized revenues, expenses, gains, and losses.
Fair Value
The estimated market price of an asset or liability in an orderly transaction between market participants at the measurement date.
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