A: Statement of profit or loss
B: Statement of financial position
举一反三
- Of the following, which is not an alternative title for the income statement? A: Earnings statement B: Statement of Operations C: Profit and Loss Statement D: Statement of Financial Position
- _________is a projected profit and loss statement (P&L) that forecasts the expected financial outcomes from the plan.
- Translate the following sentence into Chinese."A profit statement is also known as a profit and loss statement, an income statement, an income and expense statement or an operating statement."
- Which financial statement reports the financial position of a company at a point in time? A: Balance sheet B: Statement of owner’s equity C: Cash flow statement D: Income Statement
- The shareholder does not need a statement of financial position as only interested in future performance, while a supplier of goods on credit needs a statement of financial position, as they are only interested in the current state of affairs.
内容
- 0
A firm's ________ reports the profit or loss for the firm over a specified time period. A: income statement B: balance sheet C: statement of cash flows D: bank statement
- 1
The income statement shows the financial position of a company on a certain date.
- 2
Income Statement, also known as the “Profit and Loss Statement (P&L)”, is a record of the company’s profitability. It shows of a firm over a period of time.
- 3
Unearned revenue is reported as: A: A revenue on the statement of financial position. B: A liability on the statement of financial position. C: An asset on the statement of financial position. D: An operating activity on the statement of cash flows.
- 4
Which of the following is not what we learnt this semester? () A: Valuation models B: Financial statement reformulating C: Financial statement coding D: Financial statement analysis