In addition to the annual financial statements, clients often prepare ________ financial statements.
A)semi-monthly
B)biweekly
C)quarterly
D)triennial

Question

Quizplus · Accepted Answer

Quarterly financial statements are a common practice for clients in addition to the annual financial statements, as they provide regular updates on the company's financial performance throughout the year. Semi-monthly and biweekly statements are too frequent for most clients, and triennial statements would not provide enough regular updates.

In Addition to the Annual Financial Statements, Clients Often Prepare