FILL-in-the-Blank [16 points 2. In the space provided at the right, write the word or phrase that best fits the definition given. 1. Statement showing results of operations for a firm for a period of time- 2. Statement showing financial position of a firm at a point in time. 3. Outflow of cash or other using up of assets or the incurrence of liabilities for the ongoing major or central operations of a firm Statement that ties earnings information and other changes in resources- to the balance sheet each period 4. -- 5. Statement that shows how a firm gets and pays out money 6. Economic rights or competitive advantages which lack physical substance that are owned or controlled by a firm 7. Probable future economic benefits obtained or controlled by an entity. 8. Obligations expected to be paid through use of current assets