Multiple Choice
For any business, both the _______ and ________ are needed to determine a business's financial position.
A) statement of profit and loss and other comprehensive income; statement of financial position
B) statement of profit and loss and other comprehensive income; statement of cash flows
C) statement of financial position; line of credit
D) statement of cash flows; statement of financial position
Correct Answer:

Verified
Correct Answer:
Verified
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