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Miscellaneous Economics & Business Studies
 Online Tutoring : Forum : Quiz Questions - Economics & Business Studies : Miscellaneous Economics & Business Studies
Topic Topic: The assets, liabilities and owner's equity Post ReplyNew Question
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Joined: 26 June 2005
Posts: 918
Posted: 22 November 2005 at 1:40am | IP Logged Quote System

A balance sheet is prepared to show...
    A.   how much a business is worth
    B.   the profitability of the business during the current year
    C.   the assets, liabilities and owner's equity in the business at a particular date
    D.   the cost of replacing the assets and of paying off the liabilities at December 31
 QUIZ QUESTION #1722 created by Tutor10385 on 15 September 2005 at 11:00am

Correct answer: C    Correct clicks: 59.65%  Wrong clicks: 40.35%
    A.   [6 clicks 10.53%] 
    B.   [13 clicks 22.81%] 
    C.   [34 clicks 59.65%] 
    D.   [4 clicks 7.02%] 
Please discuss this quiz question.
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