Question 28 (5 points) Saved Please match the statements below with one of the five options (Conceptual Framework or particular financial statement). You might not use all of the available options for your answers. It defines the elements of the financial statements 2 This statement shows the total cost of goods sold for the current period 1. IFRS Conceptual Framework 3 2. Income statement This statement forms the bridge between the income statement and the statement of financial position 3. Statement of changes in equity 4. Statement of financial position 4 v This statement presents how much money is is owed to the company by its customers 5. Statement of cashflows This statement is used to compare a company's operating expenses to its revenues Previous Page Next Page Page 4 of 8 Submit Quiz 24 of 32 questions saved