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The difference between financial statements and financial reporting: A. Financial statements may include special reports such as environments reports. Whereas financial reporting provides only financial
The difference between financial statements and financial reporting:
A. | Financial statements may include special reports such as environments reports. Whereas financial reporting provides only financial information | |
B. | Financial reporting is an area of accounting that comes under the umbrella of financial statements | |
C. | Financial statements include the major financial statements like income statement, etc. Whereas financial reporting involves only the notes to the financial statements | |
D. | None of the choices is correct |
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