1.

Which Is The Most Important Financial Statement?

Answer»

The key components of the financial statements are the income STATEMENT, balance sheet, and statement of cash FLOWS. These statements are DESIGNED to be taken as a whole, to present a complete picture of the financial condition and RESULTS of a business.

The key components of the financial statements are the income statement, balance sheet, and statement of cash flows. These statements are designed to be taken as a whole, to present a complete picture of the financial condition and results of a business.



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