Which of the four major reports reflects a particular point


1. Which of the four major reports reflects a particular point in time?

Balance sheet

Statement of revenue and expense

Statement of changes in fund balance/net worth

Statement of cash flows

2. Which of the major reports is described as the mechanism that links two of the other statements?

Balance sheet

Statement of revenue and expense

Statement of changes in fund balance/net worth

Statement of cash flows

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Financial Management: Which of the four major reports reflects a particular point
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