Question: A balance sheet may be considered backward - looking from the perspective that it: A . Works backward, starting with net income. B . Records

A balance sheet may be considered backward-looking from the perspective that it:
A. Works backward, starting with net income.
B. Records historic, not current values.
C. Cannot forecast the future.
D. Records costs over many previous periods.
A balance sheet may be considered backward-looking from the perspective that

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