SIE Exam Practice Question 45

Correct Answer: A

Explanation:

The income statement provides a financial summary of the operating results of the company. The balance sheet is a summary report of a company's assets and liabilities, along with stockholder equity. The cash flow statement provides a summary of a company's cash flow and other events that caused changes in their cash position. An annual report is a document describing operations and financial position that every company listed on the stock market must provide to its shareholders.