Match each statement to the item listed below.
-A set of reports that communicate a company's financial position and results of operations
A)Audit report
B)Fiscal year
C)Financial statements
D)Management's discussion and analysis
E)Notes to the financial statements

Question

Quizplus · Accepted Answer

Financial statements are a set of reports that communicate a company's financial position and results of operations. The other options are components of financial statements or related reports, but not as comprehensive as financial statements themselves.

Match Each Statement to the Item Listed Below