Financial reports prepared between the regular year-end reports are called:
A) interim reports.
B) audited reports.
C) consolidated reports.
D) trial balances.

Question

Quizplus · Accepted Answer

Interim reports are prepared between the regular year-end reports to provide current financial information to investors, shareholders, and management. These reports are unaudited and usually cover a shorter period, such as a quarter or a half-year.

Financial Reports Prepared Between the Regular Year-End Reports Are Called