An example of a general-purpose financial statement would be a report about projected price increases related to transportation costs.

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Quizplus · Accepted Answer

A general-purpose financial statement typically refers to statements like balance sheets, income statements, and cash flow statements, which provide information about a company's financial health and performance. A report about projected price increases related to transportation costs is not a financial statement, but rather a report about external factors that may impact a company's financial performance.

An Example of a General-Purpose Financial Statement Would Be a Report