Financial reporting

Samuel is studying for his accounting exam. He comes across a term that describes the financial statement that reports the financial position of a company at a specific date. Can you help him identify the term?

• Statement of Financial Position

• Balance Sheet

• Statement of Income

• Cash Flow Statement

Leo, Oliver, and Oscar are studying for their business exam. They are discussing the financial statements of a company. They are trying to identify the financial statement that contains the information about the company’s expenses and revenues. Can you help them?

• Balance Sheet

• Statement of Financial Position

• Cash Flow Statement

• Statement of Income

Priya, Muhammad, and William are part of a school project where they have to analyze a company's financial health. They come across a document that shows the total amount of cash that has been generated and used by the company during a particular period of time. What is this financial statement called?

• Balance Sheet

• Statement of Financial Position

• Cash Flow Statement

• Statement of Income

Max, Samuel, and Eesha are studying for their business exam. They come across a question in their textbook: 'What financial statement reports a company’s assets, liabilities, and shareholders’ equity?' Can you help them answer this?

• Balance Sheet

• Statement of Financial Position

• Cash Flow Statement

• Statement of Income

George started a new business and Leo is his accountant. Leo is preparing a financial statement that provides information about the company’s sources of financing and how it is using the money. Which financial statement is Leo preparing?

• Balance Sheet

• Statement of Financial Position

• Cash Flow Statement

• Statement of Income

Arthur, Florence, and Max are studying for their business exam. They come across a question about financial statements. They want to know which financial statement provides information about a company’s sources of income and expenses. Can you help them?

• Balance Sheet

• Statement of Financial Position

• Cash Flow Statement

• Statement of Income

Eesha, Elsie, and George are studying for their finance exam. They are discussing about a financial statement that provides information about a company’s cash inflows and outflows. Can you tell them which statement it is?

• Balance Sheet

• Statement of Financial Position

• Cash Flow Statement

• Statement of Income

William and Benjamin are studying for their business exam. Ava, their tutor, asks them, 'Which financial statement would you look at to find information about a company’s assets and liabilities?'

• Balance Sheet

• Statement of Financial Position

• Cash Flow Statement

• Statement of Income

Charlie started a small business and he is trying to understand his financials. He wants to know which financial statement provides information about his company’s sources of financing and how he is using the money. Can Lily or Emily help him?

• Balance Sheet

• Statement of Financial Position

• Cash Flow Statement

• Statement of Income

Anaya, Samuel, and Grace are studying for their business exam. They come across a question: 'What financial statement provides information about a company’s sources of income and expenses?' Can you help them answer this?

• Balance Sheet

• Statement of Financial Position

• Cash Flow Statement

• Statement of Income