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The Profit and Loss Statement is the financial report that provides a detailed overview of a company's profitability over a specified period. This report is essential for assessing how much money a company has earned (revenues) and the expenses incurred, ultimately showing the net profit or loss during that timeframe. The Profit and Loss Statement helps stakeholders evaluate operational efficiency, effectiveness, and the overall financial health of the business.

In contrast, the Balance Sheet provides a snapshot of a company's assets, liabilities, and equity at a specific point in time, without focusing on the profitability over a period. The Statement of Cash Flows illustrates the cash generated and used during the period in operations, investing, and financing activities, but does not directly reflect profitability. The Revenue Report typically summarizes sales over a period but lacks the comprehensive view of expenses necessary to determine profitability. Therefore, the Profit and Loss Statement is the only report among the choices that specifically summarizes profits over a designated period.