Which of the following is not an element of the basic "communication process?"


Financial Statement:

Eexceptionally service organization prepares the financial statements to understand its service performance and also the summary of all the assets, liabilities, and equity of a details duration.

You watching: Which of the following is not an element of the basic "communication process?"


The correct choice is b. balance sheet.

The elements of the financial statements are the assets, liabilities, revenue, gain, losses, and so on But the balance sheet is a financial statement, not an aspect of the financial statement.


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