Which of the Following Is the Correct Date Format for the Financial

question 56

Multiple Choice

Which of the following is the correct date format for the financial statement heading?

• A)Balance Sheet for the Year Ended June 30, 2013
• B)Income Statement at December 31, 2013
• C)Income Statement for the Year Ended December 31, 2013
• D)Statement of Retained Earnings at December 31, 2013

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Definitions:

Third-Party Response

Reactions or actions taken by an external entity, not directly involved in a transaction or interaction, in response to an event or situation.

Voice Response

A technology that allows computers to interact with humans through the use of voice and DTMF tones input via a keypad.

Consumer Satisfaction

Consumer satisfaction is the measure of how products or services supplied by a company meet or surpass a customer's expectations, often considered key to building brand loyalty.

Divestment Ritual

A ritualistic process through which individuals deliberately rid themselves of objects or possessions, often to facilitate psychological detachment from past identities or experiences.