The asset-liability approach complements the expense-liability approach because the former is applicable to the balance sheet and the latter is applicable to the income statement.

Question

Quizplus · Accepted Answer

The Answer of The asset-liability approach complements the expense-liability approach because the former is applicable to the balance sheet and the latter is applicable to the income statement.

The Asset-Liability Approach Complements the Expense-Liability Approach Because the Former