Question: Statements that have a longer - term focus and are used to report all revenues and all costs of providingservices each year are called: income

Statements that have a longer-term focus and are used to report all revenues and all costs of providingservices each year are called:
income statement.
statement of revenues, expenditures, and changes in fund balances.
fund-based fi nancial statements.
government-wide fi nancial statements.
budget comparison schedule.

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