In recent years, the more common format of layout for the financial statement of position is
A)Horizontal format.
B)Parallel format.
C)'T' format.
D)Vertical or narrative format.

Question

Quizplus · Accepted Answer

The vertical or narrative format is the more common layout for the financial statement of position in recent years, as it presents information in a straightforward, top-down manner, making it easier to read and understand.

In Recent Years, the More Common Format of Layout for the Financial