Which One of the Following Is Not Considered One of the Three

question 69

Multiple Choice

Which one of the following is not considered one of the three primary financial statements?

• A) Balance sheet.
• B) Income statement.
• C) Statement of cash flows.
• D) Statement of budgeting activities.

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Definitions:

Underdetected

Refers to conditions, diseases, or phenomena that go unnoticed or are diagnosed less frequently than they actually occur.

Underprosecuted

Refers to instances where legal actions or criminal prosecutions are insufficiently pursued or carried out.

Underconvicted

The term refers to situations where individuals who commit crimes receive lighter sentences than the severity of their actions warrants, or are not convicted at all.

Powerful

Having great power, strength, influence, or authority over others or situations.