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

Question

Quizplus · Accepted Answer

Personal financial statements include a balance sheet and cash flow statement, which provide a snapshot of an individual's financial position and cash inflows/outflows. Budget and credit card statements are tools for managing finances, but not financial statements. Checkbook and tax returns may provide information relevant to personal finances but are not comprehensive financial statements. Bank statement and savings statement provide information on account balances and transactions but do not include a complete financial picture.

Which of the Following Are Considered to Be Personal Financial