Answer the following statements as true or false, then select the correct multiple choice answer: The balance sheet represents the financial position at a point in time. Net Income is another name for revenue. Profits of a company distributed to its owners are call dividends. The purpose of an audit is to prove the complete and total accuracy of an entity's financial statements. Select one: a. True, True, True, True b. True, False, True, False C. False, False, False, False d. False, False, True, False e. False, True, False, True