Question:
The two most useful financial statements are _____ and _____.
See Also
Income Statement: How to Read and Use ItUseful Balance Sheet MetricsThe Three Major Financial Statements: How They're InterconnectedNet Income on the Balance Sheet report does not match the Net Income on the Profit and Loss reportA. federal tax returns; income and expense statements
B. balance sheets; wills
C. cash-flow statements; balance sheets
D. wills; federal tax returns
Financial Statement:
A financial statement is a document that establishes the activities and achievements of a business. Through accounting analysis, one can draw closures about the organization's economic well-being.
Answer and Explanation:
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The correct answer is C. cash-flow statements; balance sheets.
The cash flow statement evaluates the competency of enterprises to promote and utilize...
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