Horizontal analysis is performed on information from:
A. Only the balance sheet

B. Only the statement of cash flows

C. Only the income statement

D. The income statement, the balance sheet, and the statement of cash flows

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Beverley SmithLv2

6 Apr 2019

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Which of the following is an order of preparing financial statements?

a. income statement, statement of cash flows, balance sheet, statement of owner's equity

b. income statement, statement of owner's equity, balance sheet, statement of cash flows

c. income statement, balance sheet, statement of owner's equity, statement of cash flows

d. income statement, balance sheet, statement of cash flows, statement of owner's equity

The five products of financial accounting and the result of theeighth step of the accounting process are:

	a.)	Income Statement, Business Progress Statement, Balance Sheet,Statement of Cash Flows, Asset and Liability Statement
	b.)	Income Statement, Notes to the Income Statement, Statement ofRetained Earnings, Notes to the Retained Earnings Statement,Balance Sheet.
	c.)	Income Statement, Statement of Retained Earnings, Balance Sheet,Statement of Cash Flows, Statement of Stockholders Equity
	d.)	Income Statement, Statement of Retained Earnings, Balance Sheet,Statement of Cash Flows, Notes to the Financials