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to specifically describe- in finance to show in detail monetary transactions: ales cogs labor etc .

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14y ago
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6mo ago

Articulation refers to the ability of financial statements to connect and flow together seamlessly. In the context of financial statements, articulation means that the information presented in each statement is consistent with and supported by the information in the other financial statements. For example, the net income figure in the income statement should be carried over to the retained earnings section of the balance sheet, ensuring that the financial statements are coherent and accurate.

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Q: What is articulation and how financial statement articulate?
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