Which of the following statements best describes the frequency of when financial statements are issued?
A)financial statements should only be issued at the end of the year.
B)financial statements should only be issued quarterly.
C)financial can be issued anytime during the year.
D)none of the above.

Question

Quizplus · Accepted Answer

Financial statements can be issued anytime during the year, depending on the company's reporting requirements and practices. Some companies issue monthly statements, while others issue statements on a semi-annual basis. It ultimately depends on the company's needs and the demands of their stakeholders.

Which of the Following Statements Best Describes the Frequency of When