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Author Question: Which of the following financial documents shows a listing of all the organization's assets and ... (Read 21 times)

Bernana

  • Hero Member
  • *****
  • Posts: 530
on: Jul 21, 2018

Which of the following financial documents shows a listing of all the organization's assets
  and liabilities at a given point in time?


 
 

a. Balance sheet
  b. Balance sheet budget
  c. Income statement
  d. Revenue budget
  e. Capital expenditures budget



Question 2

Which of the following financial documents presents a picture of the organization's financial
  performance over a period of time as opposed to a single point in time?


 
 

a. Balance sheet
  b. Operating budget
  c. Income statement
  d. Sales budget
  e. Capital expenditures budget



Benayers

  • Sr. Member
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  • Posts: 328
Reply #1 on: Jul 21, 2018
Answer to Question 1

A

Answer to Question 2

C


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