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    Accounting Study Set 2
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    Exam 5: Completing the Accounting Cycle Closing and Reversing Entries
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    Interim Statements Are
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Interim Statements Are

Question 28

Question 28

Multiple Choice

Interim statements are:


A) summary financial statements.
B) only prepared for external users.
C) used by creditors to deal with an emergency.
D) prepared between the annual reports, usually monthly, quarterly or half-yearly.

Correct Answer:

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