The income statement is more frequently used than the balance sheet by investors to:
A)assess current management performance over an accounting period.
B)as a guide to company future profitability at a moment in time.
C)assess current management performance and as a guide to company future profitability at a moment in time.
D)assess current management performance and as a guide to company future profitability over an accounting period.

Question

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The Answer of The income statement is more frequently used than the balance sheet by investors to:
A)assess current management performance over an accounting period.
B)as a guide to company future profitability at a moment in time.
C)assess current management performance and as a guide to company future profitability at a moment in time.
D)assess current management performance and as a guide to company future profitability over an accounting period.

The Income Statement Is More Frequently Used Than the Balance