Question 1 -- / 10 How many types of financial statements have been described in the video? 3 2. N 3 1 4 Question 2 -- / 10 Which financial statement gives a point-in- time snapshot of what a company owns and owes? Cash flow statement 2 Statement of changes in equity 3 Income statement 4 Balance sheet Question 3 -- / 10 Which statement shows the flow of cash in and out of the business Cash flow statement 2 Income statement 3 Balance Sheet Statement of changes in equity Question 4 -- / 10 Who are the interested parties in financial statements of a firm? Choose the most appropriate answer. Politicians Investors, managers, shareholders, lenders, investors, and government 3 Hollywood Corporate spies Question 5 -- / 10 Which statement reports whether a company has made or lost money? Cash flow statement 2 Income statement 3 Statement of changes in equity 4 Balance sheet Question 6 -- / 10 Financial statements are accounting-based picture of the Financial position or financial health of a firm. 2 Physical properties and liabilities 3 Goods and services that a firm produces 4 Money in a firm