Match the words with the term.
-statement of financial position
A) dividends
B) expenses
C) assets
D) operating activities
E) trade payable

Question

Quizplus · Accepted Answer

The statement of financial position, commonly referred to as the balance sheet, primarily lists a company's assets, liabilities, and equity. Among the options, "assets" (C) is the only term directly related to the statement of financial position.

Match the Words with the Term