The set of financial reports made available for external publication by an entity is typically produced:
A) daily.
B) yearly.
C) fortnightly.
D) weekly.

Question

Quizplus · Accepted Answer

Financial reports are typically produced annually, although some entities may also produce quarterly or semi-annual reports. Daily, weekly, or fortnightly reporting is not common for external publication as it may not provide a comprehensive picture of the entity's financial performance and position.

The Set of Financial Reports Made Available for External Publication