On a classified balance sheet,the financial statement user will be able to distinguish between:
A)cash flow from operations and cash flow from investing activities.
B)current and noncurrent assets.
C)product and period costs.
D)none of these answer choices are correct.

Question

Quizplus · Accepted Answer

Classified balance sheets distinguish between current and noncurrent items with regards to both assets and liabilities.

On a Classified Balance Sheet,the Financial Statement User Will Be