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- 1. Multiple Choice
All of the following are external people who would be interested in knowing the financial position of a business except..
creditors
banks
employees
competitors
- 2. Multiple Choice
True or false?
Individuals are not interested in knowing the financial position of a business.
true
false
- 3. Multiple Choice
True or false?
Individuals are interested in knowing the financial position of a business.
true
false
- 4. Multiple Choice
True or false?
Different groups of people are not interested in knowing the financial position of a business.
true
false
- 5. Multiple Choice
True or false?
Different groups of people are interested in knowing the financial position of a business.
true
false
- 6. Multiple Choice
How much a business is worth can be referred to as....
financial statement
financial position
- 7. Multiple Choice
True or false?
Financial statements are a report that will help us determine the financial position of a business.
True
False
- 8. Multiple Choice
True or false?
Financial statements are made up of specific elements.
true
false
- 9. Multiple Choice
True or false?
Financial statements are not made up of specific elements.
true
false
- 10. Multiple Choice
Which of the following is not an of elements of financial statements.
assets
income
liabilities
expenses and equity
land
- Answer choicesTagsAnswer choicesTags