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  3. Study Set
    Contemporary Business Study Set 2
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    Exam 15: Understanding Accounting and Financial Statements
  5. Question
    A (N) ______ Is a Financial Statement That Is Directly
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A (N) ______ Is a Financial Statement That Is Directly

Question 111

Question 111

Multiple Choice

A (n) ______ is a financial statement that is directly based on the accounting equation.


A) income statement
B) balance sheet
C) statement of cash flows
D) statement of changes in retained earnings

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