Practice Quiz

Forensic Accounting

Category - Specialized Forensic Knowledge

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Which of the following is associated with the Statement of Financial Position?
  1. Assets and liabilities
  2. Assets, liabilities and after tax income
  3. Assets, liabilities and purchases
  4. Assets, liabilities and equity
Explanation
Answer: D - The Statement of Financial Position is an integral part of the set of financial statements. Assets, liabilities and equity form part of the Statement of Financial Position.
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