Worldatwork Exam c8 Topic 2 Question 74 Discussion

Actual exam question for Worldatwork's c8 exam

Question #: 74
Topic #: 2

[All c8 Questions]

What information is found on the balance sheet?

AA list of what is owned, what is owed and the equity of an entity

BThe revenues and expenses incurred by an entity over a period of time

CThe change during the reporting period in cash and cash equivalents

DThe profitability of the company as of a specific date

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Suggested Answer: D

by Sina at Jul 07, 2024, 11:55 AM

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16 days ago

D) The profitability of the company as of a specific date

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18 days ago

I think the balance sheet is crucial for understanding the financial position of a company.

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19 days ago

A) A list of what is owned, what is owed and the equity of an entity

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