The financial statements of a business entity:
A)Include the balance sheet,income statement,and income tax return.
B)Provide information about the cash flow prospects of the company.
C)Are the first step in the accounting process.
D)Are prepared for a fee by the Financial Accounting Standards Board.

Question

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The Answer of The financial statements of a business entity:
A)Include the balance sheet,income statement,and income tax return.
B)Provide information about the cash flow prospects of the company.
C)Are the first step in the accounting process.
D)Are prepared for a fee by the Financial Accounting Standards Board.

The Financial Statements of a Business Entity