Which of the following financial statements is also known as a statement of financial position?

Related MCQs

• The statement of changes in financial position prepared to determine only the sources and uses of working capital between two dates of balance sheet is known as __________.
• In what order should current assets be present on a statement of financial position?
• Depreciation is applied to non-current assets in the statement of financial position in order to
• Which statement is true.I)Financial accounts are prepared according to Accounting Standards. II)Management Accounting reports are also prepared according to accounting standard.
• The ratio which is used to ascertain the soundness of the long term financial position is------------
• When financial statements for a number of years are reviewed and analyzed, the analysis is known as ---------------------
• When ratios are calculated from the financial statements of one year, it is known as ---------------------
• ------------- gives a diagnosis of the profitability and financial position
• ----------- helps to disclose financial position
• Afford full diagnosis of the profitability and financial position