Identifying the Disclosure Sequence Indicate the order in which the following disclosures or reports are normally issued by public companies.
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Form 10-K |
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Earnings press release |
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Annual report |
Finding Financial Information: Matching Financial Statements with the Elements of Financial Statements Match each financial statement with the items presented on it by entering the appropriate letter in the space provided.
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Elements of Financial Statements |
Financial Statements |
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(1) Expenses |
A. Income statement |
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(2) Cash from operating activities |
B. Balance sheet |
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(3) Losses |
C. Cash Flow statement |
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(4) Assets |
D. None of the above |
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(5) Revenues |
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(6) Cash from financing activities |
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(7) Gains |
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(8) Owners’ equity |
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(9) Liabilities |
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(10) Assets personally owned by a stockholder |