The annual report contains all of the following financial statements except
A)income statement.
B)statement of changes in long-term financing.
C)statement of cash flows.
D)balance sheet.
E)statement of retained earnings.

Question

Quizplus · Accepted Answer

The annual report typically includes an income statement, balance sheet, statement of cash flows, and statement of retained earnings. However, it does not typically include a statement of changes in long-term financing, which would detail changes in long-term debt, equity, or other financing sources.

The Annual Report Contains All of the Following Financial Statements