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Companies Typically Present Their Financial Statements in Comparative Form, Which

Question 43

Multiple Choice

Companies typically present their financial statements in comparative form, which means showing ______.

A) three consecutive years of balance sheets and four consecutive years of the income statement, statement of cash flows, and statement of stockholders' equity
B) two consecutive years of balance sheets and two consecutive years of the income statement, statement of cash flows, and statement of stockholders' equity
C) the last fiscal year's balance sheet income statement, statement of cash flows, and statement of stockholders' equity
D) two consecutive years of balance sheets and three consecutive years of the income statement, statement of cash flows, and statement of stockholders' equity.

Correct Answer: