BUISENESS MANAGEMENT
FINANCIAL MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Balance Sheet
|
|
|
Income Statement
|
|
|
Cashflow Statement
|
|
|
Statement of Changes in Equity
|
Detailed explanation-1: -A balance sheet is a financial statement that reports a company’s assets, liabilities, and shareholder equity. The balance sheet is one of the three core financial statements that are used to evaluate a business.
Detailed explanation-2: -A balance sheet is a financial statement that reports a company’s assets, liabilities and shareholders’ equity. Balance sheets are one of the three main financial statements that are used to evaluate a business – alongside the income statement and the statement of cash flows.
Detailed explanation-3: -A balance sheet provides detailed information about a company’s assets, liabilities and shareholders’ equity. Assets are things that a company owns that have value.
Detailed explanation-4: -A balance sheet consists of three components: assets, liabilities, and shareholders’ equity.