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the work sheet: multiple choice eliminates any need for an audit of the financial statements. is often made available to external decision makers. aids in the preparation of financial statements. cannot be used to determine the net income or net loss for the year.

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The work sheet: aids in the preparation of financial statements

What is worksheet?

In the original sense of the word, a worksheet is a piece of paper used for labor. They take many different shapes, but are most frequently connected to children's schoolwork, tax forms, and accounting or other commercial settings. The paper-based worksheet is being replaced more and more by software.

It might be a printed page that a kid fills up with a writing implement. Other items are not required. In the context of education, a worksheet could include questions for students and spaces for them to submit their responses. It is defined as a sheet of paper on which work schedules, working hours and specific instructions are written.

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