At the End of the Period a Company Often Prepares

question 63

Multiple Choice

At the end of the period a company often prepares which additional accounting report?

• A) Statement of changes in equity
• B) Statement of retained profits
• C) Statement of equity
• D) Statement of liabilities

---

Definitions:

Database

An organized collection of data, generally stored and accessed electronically from a computer system.

Spreadsheet

A digital document that allows for the organization, analysis, and storage of data in tabular form, consisting of rows and columns.

Utility

Tools or programs that perform specific tasks designed to manage, analyze, or configure computer resources.

Default Name

A pre-established or automatic name given to a file, folder, or other item when it is first created.