Your boss asks you to e-mail a spreadsheet that shows what the company owns and what it has borrowed (owes)at a fixed point in time and shows the net worth of the business.When sending the e-mail,you MOST LIKELY will attach the file named ________.
A) Income_Statement
B) Statement_of_Cash_Flows
C) Balance_Sheet
D) Capital_Budget
E) Operating_Budget

Question

Quizplus · Accepted Answer

A balance sheet shows the assets, liabilities, and equity of a company at a fixed point in time. It provides a snapshot of the financial position of the business and shows what it owns, owes, and its net worth. Therefore, it is the most appropriate document to attach when sending an email that requires such information. Options A, B, D, and E are not as relevant in this context.

Your Boss Asks You to E-Mail a Spreadsheet That Shows