The way in which financial statements relate is known as:
A)Solvency.
B)Objectivity.
C)Articulation.
D)Entity.

Name: The way in which financial statements relate is known as: A)Solvency. B)Objectivity. C)Articulation. D)Entity.
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Question

Quizplus · Accepted Answer

The way in which financial statements relate to each other is known as articulation. This includes how information flows from one statement to another, such as how the net income from the income statement is transferred to the retained earnings section of the balance sheet.

The Way in Which Financial Statements Relate Is Known As