Consolidated Financial Statements Consist of

question 42

Multiple Choice

Consolidated financial statements consist of

• A)a balance sheet,a statement of comprehensive income,a statement of changes in equity,a cash flow statement and accompanying notes.
• B)a balance sheet,a statement of income,a statement of changes in financial position,and a statement of retained earnings.
• C)a balance sheet,income statements and a statement of retained earnings.
• D)a balance sheet,a statement of comprehensive and non-comprehensive income and any other statements that will provide useful information to the users of the financial statements.

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Definitions:

Science Benefits

Advantages or positive outcomes resulting from the application or use of scientific knowledge and methodologies.

RBRVS

The Resource-Based Relative Value Scale, a system used to determine how much healthcare providers are paid for services based on the resources required.

Medical Specialists

Doctors who have completed advanced education and training in a specific area of medicine to diagnose and manage particular types of diseases or conditions.

Medicaid and Medicare

Government-sponsored healthcare programs in the United States, with Medicaid assisting low-income individuals and families, and Medicare serving those who are 65 and older, or disabled.