Notes and schedules is used to present supplementary information explaining different items of financial statements
READ MORE +Financial Accounting MCQs
Notes and schedules include disclosures about the risk and uncertainties affecting the enterprise and such items as disclosure of _______
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______ is used to analyse the pattern of movement or activity during the period to identify the way the enterprise has generated cash and the way they have been used in an accounting period
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______ is not a primary source of long-term debt financing
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Cash flow is also known as _____
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_______ helps to find out the profit made on loss sustained in a particular accounting period through transactions and events
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________ are the components of financial statements
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____________ is a structured representation of the financial performance and financial position of a business and changes over a period of time
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_______ explain the financial position of the reporting entity at the end of the accounting period
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The annual reports are to be prepared and published for circulation among the external end users such as __________
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Financial accounting reports include _____
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Select the correct answer
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