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The Three Kinds of Basic Financial Statements That Are Prepared

Question 125

Multiple Choice

The three kinds of basic financial statements that are prepared in financial accounting are:


A) statement of debts, letter of credit, and articles of incorporation.
B) comfort letter, master budget, and credit statement.
C) balance sheet, income statement, and statement of cash flows.
D) pro forma report, request for proposal, and articles of incorporation.

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