Select all that apply

Accounting information is required by governmental units at which of the following levels? $($Check all that apply$).$

Multiple select question.

State

Federal

Municipal

Regional

Which of the following do financial statements present? $($Select all that apply$).$

Multiple select question.

The results of an entity's operations for some period of time

The financial position of an entity at a point in time

The expected levels of economic activity for a future period of time

The cash flow activities of an entity for the same period of time

The employment statistics about the company at a point in time