Multiple Choice
Which of the following is not a basic element of financial statements?
A) Assets.
B) Statement of financial position.
C) Expenses.
D) Income.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q61: Company A issuing its annual financial reports
Q70: Timeliness and neutrality are two ingredients of
Q75: One assumption made by the IASB conceptual
Q77: Which of the following basic assumptions of
Q78: Timeliness is one of the basic assumptions
Q79: Moon, Inc. applies different accounting treatments to
Q82: The second level in the International Accounting
Q84: The basic assumptions of accounting used by
Q85: An enhancing quality as described by the
Q147: The economic entity assumption means that economic