The financial statement most commonly used in preliminary examination of real property investment that show some detail on income and operating expenses is the:

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The Operating Statement, also known as an Income Statement or Statement of Operations, provides information on the income and operating expenses of a property. It is commonly used in real estate investment analysis to determine the property's net operating income (NOI) and potential cash flow. The other options, such as the Balance Sheet and Accrual Statement, do not provide as much detail on income and expenses. The Profit and Loss Statement is similar to the Operating Statement, but typically used for smaller businesses rather than real estate investments.

The Financial Statement Most Commonly Used in Preliminary Examination of Real