Match the selected sections of IASB-proposed financial statements (letters) with their respective components (numbers): a. Statement of

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Match the selected sections of IASB-proposed financial statements (letters) with their respective components (numbers):
a. Statement of comprehensive income-business
b. Statement of comprehensive income-financing
c. Statement of financial position-business
d. Statement of financial position-financing
e. Statement of cash flows-business
f. Statement of cash flows-financing
g. None of the above
1. Operating cash flows
2. Financing assets
3. Discontinued operations
4. Financing liability expense
5. Operating income and expense
6. Investing cash flows
7. Financing liability cash flows
8. Investing assets and liabilities
9. Financing liabilities
10. Financing asset income
11. Financing asset cash flows
12. Operating assets and liabilities
13. Income taxes
14. Investing income expense

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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