Which One of the Following Is Not Considered as One

question 99

Multiple Choice

Which one of the following is not considered as 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:

Cash Flows

The overall volume of cash inflows and outflows within a business, significantly affecting its financial fluidity.

Probability-Weighted

An approach to decision-making or forecasting that involves taking into account the likelihood of various outcomes, each weighted by its probability.

Time Value

Time value relates to the concept that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.

Voting Stock

Shares that give the shareholder the right to vote on corporate matters, such as electing directors and approving company policies.