Practice Quiz

Forensic Accounting

Category - Specialized Forensic Knowledge

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Where are the share prices shown in the financial statement?
  1. Statement of Comprehensive Income
  2. Statement of Financial Position
  3. Statement of Owner’s Equity
  4. All of the above
Explanation
Answer: D - Share prices are indicative of the financial market scenario of an entity. Share prices are shown in the Statement of Financial Position as well as the statement of owner’s equity. However, a detailed analysis of the share prices and their impact is limited to the statement of owner’s equity.
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