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Liono4ka [1.6K]
3 years ago
12

Select the correct text in the passage. Which sentences explain the limitations of financial statements? Financial Statements –

Limitations The business’s balance sheet, income statement, cash flow statement, and statement of retained earnings are some of the important financial statements. Financial statements are used for comparisons of the performance of companies belonging to similar industries. Estimates used for calculating financial statements are subjective as they involve management’s foresight to arrive at different values. Historical data is most commonly used to measure assets. The opportunity cost of using the assets are not taken into account while preparing financial statements.
Social Studies
1 answer:
Ugo [173]3 years ago
5 0

Answer:

the challenge and he need the cash

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ideological.

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When the Constitution was adopted in 1788, what was the original process for electing Senators?
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On September 30, 1788, Pennsylvania became the first state to elect its two senators. On March 4, 1789, the first group of elected senators reported for duty. From 1789 to 1913, when the Seventeenth Amendment to the U.S. Constitution was ratified, senators were elected by state legislatures.

I hope this helped figure out your question!

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