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Which of these financial statements in the Fox Co. 2018 Annual (calendar basis) Report would not...

Which of these financial statements in the Fox Co. 2018 Annual (calendar basis) Report would not include in its heading, "For the year ending December 31, 2018?
Group of answer choices
Statement of Comprehensive Income
Statement of Cash Flows
Statement of Financial Position
Statement of Income
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Answer #1

Solution:

"Statement of Financial Position" in the Fox Co. 2018 Annual (calendar basis) Report would not include in its heading, "For the year ending December 31, 2018.

Tyis is because statement of financia position is prepared for the balances on a particular date. It is not for the year ended.

Hence, third option s correct.

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