Question Tag: Elements of Financial Statements

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FA – Nov 2019 – L1 – SA – Q11- Elements of Financial Statements-

Identify which of the following is not an element of financial statements.

Question

Which of the following is not an element of financial statements?

A. Asset
B. Liability
C. Equity interest
D. Income
E. Profit

Answer

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Find Related Questions by Tags, levels, etc.

Tags: Asset, Elements of Financial Statements, Equity, Liability
Level: Level 1

Topic: Elements of Financial Statements
Series: NOV 2019

FA – Nov 2019 – L1 – SA – Q11- Elements of Financial Statements-

Identify which of the following is not an element of financial statements.

Question

Which of the following is not an element of financial statements?

A. Asset
B. Liability
C. Equity interest
D. Income
E. Profit

Answer

Login or create a free account to see answers

Find Related Questions by Tags, levels, etc.

Tags: Asset, Elements of Financial Statements, Equity, Liability
Level: Level 1

Topic: Elements of Financial Statements
Series: NOV 2019

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