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?

ABalance sheet

BIncome statement

CStatement of cash flows

DStatement of changes in equity

Show Suggested Answer

Suggested Answer: D

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

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Carman

1 days 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

3 days ago

I agree with Alfred, assets, liabilities, and stockholder's equity are typically found on the balance sheet.

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Alfred

5 days ago

A) Balance sheet

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Haydee

8 days 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

9 days 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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