NSC Accounting Analysis and interpretation of Financial Statements: 4.1 Choose a term in COLUMN B th

Question

4.1 Choose a term in COLUMN B that matches an explanation in COLUMN A. Write only the letters (A–E) next to the question numbers (4.1.1 to 4.1.4) in the ANSWER BOOK.

COLUMN A      COLUMN B
4.1.1 Reflects the financial position of the business on a specific date        A Audit report
4.1.2 Shows whether the business made a profit or loss                             B Cash Flow Statement
4.1.3 Provides details about the movement of money with regard to operating, investing and financing activities  C Balance Sheet
4.1.4 Provides an unbiased opinion on the reliability of the financial statements of a business   D Income Statement
                                                                                                             E Directors' report

4.1 Choose a term in COLUMN B that matches an explanation in COLUMN A - NSC Accounting - Question 4 - 2019 - Paper 1

Worked Solution & Example Answer:4.1 Choose a term in COLUMN B that matches an explanation in COLUMN A - NSC Accounting - Question 4 - 2019 - Paper 1

4.1.1 Reflects the financial position of the business on a specific date

4.1.2 Shows whether the business made a profit or loss

4.1.3 Provides details about the movement of money with regard to operating, investing and financing activities

4.1.4 Provides an unbiased opinion on the reliability of the financial statements of a business

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