Which of the following are considered to be personal financial statements?
A)Budget and credit card statements
B)Personal balance sheet and cash flow statement
C)Checkbook and budget
D)Tax returns
E)Bank statement and savings statement

Question

Quizplus · Accepted Answer

Personal balance sheets and cash flow statements are considered personal financial statements because they provide a comprehensive overview of an individual's financial position at a point in time (personal balance sheet) and a summary of personal income and expenses over a period (cash flow statement).

Which of the Following Are Considered to Be Personal Financial