Question: The difference between financial statements and financial reporting: A. None of the choices is correct B. Financial statements may include special reports such as environments
The difference between financial statements and financial reporting:
| A. | None of the choices is correct | |
| B. | Financial statements may include special reports such as environments reports. Whereas financial reporting provides only financial information | |
| C. | Financial reporting is an area of accounting that comes under the umbrella of financial statements | |
| D. | Financial statements include the major financial statements like income statement, etc. Whereas financial reporting involves only the notes to the financial statements |
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