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American Bankers Association Exam CTFA Topic 11 Question 64 Discussion

Actual exam question for American Bankers Association's CTFA exam
Question #: 64
Topic #: 11
[All CTFA Questions]

On which of the following financial statements would you expect to find assets, liabilities, and stockholder's equity?

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Suggested Answer: D

by Teri at Apr 28, 2024, 02:54 PM

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Tu
27 days ago
A balance sheet? More like a 'ba-lancing' act, am I right? Seriously though, the balance sheet is the way to go here. It's the financial statement that brings everything into balance.
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Galen
19 days ago
A: Definitely the balance sheet. It's where you'll find all the assets, liabilities, and stockholder's equity.
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Paola
1 months ago
Definitely the balance sheet. It's the financial statement that tells you what the company owns, what it owes, and what's left for the shareholders. It's like the financial equivalent of a family photo album.
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Kristel
16 days ago
That's correct! The balance sheet shows the company's assets, liabilities, and stockholder's equity.
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Leah
20 days ago
A) Balance sheet
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Brendan
1 months ago
Hmm, let me think... I'd say the balance sheet. It's the financial statement that provides a snapshot of a company's financial position, including its assets, liabilities, and stockholder's equity. Easy peasy!
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Marci
19 days ago
Definitely the balance sheet, it's where you see the big picture of the company's finances.
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Martin
1 months ago
I agree, the balance sheet is like a financial snapshot of the company's position.
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Ashleigh
1 months ago
Yes, you're right! The balance sheet is where you can find all that information.
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Carman
2 months ago
I think it's A) Balance sheet too, because that's where you get a snapshot of a company's financial position at a specific point in time.
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Tammara
2 months ago
I agree with Alfred, assets, liabilities, and stockholder's equity are typically found on the balance sheet.
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Alfred
2 months ago
A) Balance sheet
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Haydee
2 months ago
I'm going with A. The balance sheet is the financial statement that reports the company's assets, liabilities, and equity. It's like the holy grail of financial statements.
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Venita
2 months ago
The balance sheet is the obvious choice here. That's where you'll find the assets, liabilities, and stockholder's equity. Duh!
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Lorriane
13 days ago
Yep, assets, liabilities, and stockholder's equity are all on the balance sheet.
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Nelida
16 days ago
A) Balance sheet
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Jose
24 days ago
Definitely the balance sheet. It's where all those things are listed.
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Laurel
27 days ago
A) Balance sheet
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