Which statement is false A Balance sheet shows a firm's financial position as of a specified date B Balance sheet shows a firm's financial performance over a period of time C Market value balance sheet is usually different from the book value balance sheet D Publicly traded companies have to prepare balance sheets and report them periodically

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Which statement is false? A. Balance sheet shows a firm's financial position as of a specified date. B. Balance sheet shows a firm's financial performance

Which statement is false?

Balance sheet shows a firm's financial position as of a specified date.

Balance sheet shows a firm's financial performance over a period of time.

Market value balance sheet is usually different from the book value balance sheet.

Publicly traded companies have to prepare balance sheets and report them periodically.

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