Question 20 The FASB Interim Reporting pronouncements requir

Question 20 The FASB Interim Reporting pronouncements require Not yet answered Select one O a. both an income statement and a balance sheet O b. a balance sheet, but not an income statement 0 . C, an income statement, but not a balance sheet O d a balance sheet and a statement of cash flows Points out of 2 50 P Flag question

Solution

FASAB accounting standard for interim financial reporting telling about operations result and cash flow and comprehensive income.

So the answer is income statement but not balance sheet. the accounting standards is not telling about the balance sheet. So rest answer is incorrect. So the correct answer is 3 nos.