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    Business
  3. Study Set
    Issues in Financial Accounting Study Set 1
  4. Exam
    Exam 3: The Conceptual Framework: Definition, recognition and Measurement of the Elements in General Purpose Financial Statements
  5. Question
    Which of the Following Is Not Considered an Element of the Statement
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Which of the Following Is Not Considered an Element of the Statement

Question 10

Question 10

Multiple Choice

Which of the following is not considered an element of the statement of financial position?


A) Liabilities
B) Equity
C) Expenses
D) Assets

Correct Answer:

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