商业财务第 1231 / 1632 题
A contractor's income statement is prepared monthly, but the balance sheet is dated December 31. This is because:
a.Both statements must be dated December 31
b.The income statement covers a period, not a date
c.A balance sheet can never be prepared monthly at all
d.The income statement is the true snapshot here
解析
An income statement measures flow over an interval, so it is headed 'for the month ended', while a balance sheet reports position at an instant and is headed 'as of' a date. Either can be produced at any interval a business chooses, so nothing forces December 31 and nothing prevents a monthly balance sheet. And the last option reverses the two: the snapshot is the balance sheet, and reading it the other way round is the error this question exists to catch.
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审核人 Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — 核实)