If the balance sheet and income statement are non-articulated, they are linked together mathematically without any loose ends.

Question

Quizplus · Accepted Answer

Non-articulated balance sheets and income statements have no direct link between them, and therefore may have loose ends that are not reconciled. Conversely, articulated balance sheets and income statements have a direct link between them, allowing for reconciliation of any discrepancies or loose ends.

If the Balance Sheet and Income Statement Are Non-Articulated, They