All financial statements must have, in order, the:
A)title of financial statement and specific date.
B)title of financial statement, name of company, and specific date.
C)name of company, title of financial statement, and specific date.
D)name of company, title of financial statement, and a specific date or period.

Question

Quizplus · Accepted Answer

The financial statements must include the name of the company, title of the financial statement, and a specific date or period. This helps to identify the company and the time period covered by the financial statement. The title of the financial statement can also indicate the purpose of the statement, such as balance sheet, income statement, or statement of cash flows.

All Financial Statements Must Have, in Order, The