Which Report Is Not an Output of the Financial Reporting

question 4

Multiple Choice

Which report is not an output of the financial reporting system (FRS) ?

• A)variance analysis report
• B)statement of cash flows
• C)tax return
• D)comparative balance sheet

---

Definitions:

Elementary Schoolchild

A child who attends elementary or primary school, typically in the age range of five to eleven years, focusing on foundational academic, social, and emotional skills.

Preschooler

A child typically between the ages of three and five years old who is in the developmental stage preceding formal schooling.

Adolescent

A person in the developmental stage of adolescence, typically between the onset of puberty and legal adulthood, characterized by significant physical, psychological, and social changes.

Parental Influence

The effect that parents have on the development, behavior, and personality of their children.