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Which of the following is the main financial performance statement?

a. The statement of comprehensive income b. The statement of financial position c. The statement of changes in equity d. The statement of cash flows

Financial Accounting Financial Management
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Question added by Deleted user
Date Posted: 2013/08/27
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Farhan uddin Khilji
by Farhan uddin Khilji , Head of Internal Audit , ABV Rock Group Co. Ltd.

The statement of comprehensive income is the main financial "performance" statement.

(The question is not asking about the financial position.)

Nitin Gupta, ACA
by Nitin Gupta, ACA , FP&A , Rockwell Automation

Option A

Khaled Abdelrehim ACCA DipIFR CMA
by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

b. The statement of financial position

Prince Ninan
by Prince Ninan , Audit Executive , Lewis & Pecker

The statement of comprehensive income

taha amer
by taha amer , Finance Manager , Arabia ‎Holding

    b.
The statement of financial position

Abdul Nasser Mothana
by Abdul Nasser Mothana , Compliance Officer , International Medical Corps

c. The statement of changes in equity

Deleted user

a. The statement of comprehensive income (also called  "profit and loss statement") - this statement shows the performance of a company

 

 

 

Umer Sharif
by Umer Sharif , Consultant Lead Financial, Functional, Implementation of Infor ERP Syteline ‚ Eccountant & SmartHCM. , Bin Rasheed Technology Pvt Ltd.

B is the answer of this question.

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