Financial Accounting MCQs

The overriding purpose of financial accounting is to summarize financial activity in business in the______

April 25, 2022

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The overriding purpose of financial accounting is to summarize financial activity in business in the______

Q. The overriding purpose of financial accounting is to summarize financial activity in business in the______

A. profit and loss statement

B. balance sheet

C. cash flow statement

D. all of the above

Answer: all of the above

The overriding purpose of financial accounting is to summarize financial activity in business in the______

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