Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

A Financial statement that indicates the success or failure of a business, over a period of time is called: ?

A)  A cash flow statementB)  A retained earnings statementC)  An income statementD)  A balance sheet

Accounting Financial Reporting Financial Accounting Financial Transactions Bookkeeping
user-image
Question added by Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group
Date Posted: 2015/06/25
Upvote (0) Views (13) Followers (4) Answers (3) Report Question
Write an Answer
Register now or log in to answer.
Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option C is the right answer.

Hani Bawashkah
by Hani Bawashkah , Audit & Accounting Supervisor , BMB & CO CERTIFIED PUBLIC ACCOUNTANTS (ADVISORY & ASSURANCE)

Income statement ( Profit & Loss statement)

 

Naeem Akhtar bhatti
by Naeem Akhtar bhatti , good , school

 it is called a retained statement

Write Your Answer
More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.

Get Help