Graduate Management Trainee

Graduate Management Trainee Interview Questions and Answers for Freshers

Updated 29 Apr 2021

Q1. What are the financial statements?

Ans.

Financial statements are reports that show the financial performance of a company.

  • There are three main financial statements: balance sheet, income statement, and cash flow statement.

  • Balance sheet shows the company's assets, liabilities, and equity at a specific point in time.

  • Income statement shows the company's revenue, expenses, and net income over a period of time.

  • Cash flow statement shows the company's cash inflows and outflows over a period of time.

  • Financial statements ar...read more

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