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    Business in Action Study Set 1
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    Exam 17: Financial Information and Accounting Concepts
  5. Question
    ________ Is a Statement of a Firm's Financial Position on a Particular
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________ Is a Statement of a Firm's Financial Position on a Particular

Question 6

Question 6

Multiple Choice

________ is a statement of a firm's financial position on a particular date and is known as a statement of financial position.


A) Cash flow statement
B) Balance sheet
C) Income statement
D) Expense report
E) Profit and loss statement

Correct Answer:

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