Governments and not-for-profit entities will prepare a(an)________________ statement to report their financial performance for a specific period of time.

Question

Quizplus · Accepted Answer

Governments and not-for-profit entities prepare an operating statement, often referred to as a statement of activities or statement of operations, to report their financial performance for a specific period.

Governments and Not-For-Profit Entities Will Prepare A(an)________________ Statement to Report