Financial statements are an organization's primary means of financial communication and are the end result of a process, or a cycle, which begins with a business transaction like a sale.

Name: Financial statements are an organization's primary means of financial communication and are the end result of a process, or a cycle, which begins with a business transaction like a sale.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Financial statements are indeed the end result of a process that begins with business transactions like sales.

Financial Statements Are an Organization's Primary Means of Financial Communication