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:

Labour Force

The total number of people employed or actively looking for employment in a specific area or economy.

Outsourcing

The practice of hiring third parties to perform services or create goods that were traditionally performed in-house by the company's own employees and staff.

Human Resources Accounting

Involves the identification, measurement, and reporting of investments in human capital and their economic impacts on an organization.

Executive Salaries

Compensation packages designed for top-level management and executives of an organization, often including base salary, bonuses, and other benefits.