Finance for Non-Finance Managers Practice Test
Finance for Non-Finance Managers Business Finance and Funding 3
What is the purpose of a profit and loss (P&L) statement?
Select your answer
A
To show the company's assets and liabilities at a point in time
B
To summarize revenues, costs, and profit over a period
C
To track cash movements in and out of the business
D
To disclose the company's equity structure to investors
Hint
