A company issues periodic reports called
A)audits.
B)financial statements.
C)tax returns.
D)summaries.

Question

Quizplus · Accepted Answer

Financial statements are periodic reports issued by companies that provide information on the financial performance and position of the company. These statements include the balance sheet, income statement, and cash flow statement, and are essential in helping investors and other stakeholders make informed decisions about the company. Audits are independent examinations of a company's financial statements, and tax returns are reports filed with the government to report the company's tax obligations. Summaries may refer to different types of reports or documents, and are not necessarily specific to a company's financial performance.

A Company Issues Periodic Reports Called