Select the correct text in the passage. Which sentences explain the limitations of financial statements?
Financial Statements - Limitations
The business's balance sheet income statement, cash flow statement, and statement of retained earnings are some of the important financial
statements. Financial statements are used for comparisons of the performance of companies belonging to similar industries. Estimates used
for calculating financial statements are subjective as they involve management's foresight to arrive at different values. Historical data is most
commonly used to measure assets. The opportunity cost of using the assets are not taken into account while preparing financial statements.

nope.

explanation:

the correct answer option is: weapons.

explanation:

tensions rose as the two opposing superpowers competed for 'weapons'.

referring to the cold war (1945-1991), the two superpowers, usa and ussr, experienced a phase of struggle and conflict with each other. these two superpowers considered each other as a threat to their survival and thus opted for policies to strengthen their positions.

the two superpowers never went to war with each other directly but competed for weapons to preserve their positions.

"germany's geographic location was an advantage when it was on the offensive in the war because it was situated next to an extremely wide river, the rhine, which was difficult for the allies to cross."

that is probably something for you to answer