Financial Statements

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In this game, players will determine whether various nouns are considered part of financial statements. Players will respond with ✅ for nouns that are included in financial statements and ❌ for those that are not.

Creada por

A11_22 _Thảo My

Vietnam

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Financial StatementsVersión en línea In this game, players will determine whether various nouns are considered part of financial statements. Players will respond with ✅ for nouns that are included in financial statements and ❌ for those that are not. por A11_22 _Thảo My 1 Cash flow statement is a financial statement that shows a business's cash inflows and outflows over a period of time. Yes No 2 A balance sheet includes assets, liabilities and expense. Yes No 3 Balance sheet is a financial statement that reports a company's financial condition over a period of time. Yes No 4 Income statement is a financial statement that shows a bussiness's profit and loss at a particular point in time. Yes No 5 PROFIT = REVENUE + EXPENSE Yes No 6 An income statement consists of profit, revenue and expense. Yes No 7 ASSETS = LIABILITIES + OWNERS' EQUITY Yes No 8 Cash flow statements contain cash from: Operating Activities, Investing Activities and Financing Activities. Yes No 9 An income statement can be analyzed vertically or horizontally. Yes No

Financial StatementsVersión en línea

por A11_22 _Thảo My

Cash flow statement is a financial statement that shows a business's cash inflows and outflows over a period of time.

Yes

A balance sheet includes assets, liabilities and expense.

Yes

Balance sheet is a financial statement that reports a company's financial condition over a period of time.

Yes

Income statement is a financial statement that shows a bussiness's profit and loss at a particular point in time.

Yes

PROFIT = REVENUE + EXPENSE

Yes

An income statement consists of profit, revenue and expense.

Yes

ASSETS = LIABILITIES + OWNERS' EQUITY

Yes

Cash flow statements contain cash from: Operating Activities, Investing Activities and Financing Activities.

Yes

An income statement can be analyzed vertically or horizontally.

Yes

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Financial Statements

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Financial StatementsVersión en línea

por A11_22 _Thảo My

Cash flow statement is a financial statement that shows a business's cash inflows and outflows over a period of time.

A balance sheet includes assets, liabilities and expense.

Balance sheet is a financial statement that reports a company's financial condition over a period of time.

Income statement is a financial statement that shows a bussiness's profit and loss at a particular point in time.

PROFIT = REVENUE + EXPENSE

An income statement consists of profit, revenue and expense.

ASSETS = LIABILITIES + OWNERS' EQUITY

Cash flow statements contain cash from: Operating Activities, Investing Activities and Financing Activities.

An income statement can be analyzed vertically or horizontally.

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