Income statements are often created ____.
A) monthly
B) semiannually
C) annually
D) any of the above

Name: Income statements are often created ____. A) monthly B) semiannually C) annually D) any of the above
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

Income statements can be created on a monthly, semiannual or yearly basis depending on the organization's reporting needs and preferences. Some organizations may even create income statements on a quarterly basis.

Income Statements Are Often Created ____