Which of the following is NOT a type of information communicated by the financial statements?
A)whether or not the business is profitable
B)how long the business has been in operation
C)how much the business owes others
D)what types of assets business owns

Question

Quizplus · Accepted Answer

The financial statements do not communicate how long the business has been in operation. This information may be found in other documents such as business registration or incorporation records. The other options listed (A, C, and D) are types of information that are typically communicated by the financial statements.

Which of the Following Is NOT a Type of Information