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Statement of financial position is also know as?

1. Balance Sheet

 

2. Income statement

 

3. Ratio statement

 

4. cash flow statement

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Question added by Zehab Osman , Accountant , Aldar Consultancy Co.
Date Posted: 2015/08/04
Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option1 is the right answer.

Wasif Ali
by Wasif Ali , Stock & Credit Controller , Petrogas Company Ltd.

Answer is Option1. Balance Sheet.

The correct answer is option1 balance sheet

Wasim khan wazir
by Wasim khan wazir , Finance Specialist , Mott Macdonald

Balance sheet************************

Mehboob M Yaqoob
by Mehboob M Yaqoob , Payroll Supervisor , Boutiqaat Group

Balance sheet presented in statement form is called Statement of Financial Position.

Ahmer Zamir
by Ahmer Zamir , Consultant , Saleem Associates & Co

The correct option is1)  Balance Sheet

ASHRAF SHAWKAT
by ASHRAF SHAWKAT , Senior Auditor , Al-Roubish Accountants & Auditors

1) balance sheet is a sttment of financial position

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

Balance sheet is the correct answer Thank you

Bobby Sandy Hendrico Damanik
by Bobby Sandy Hendrico Damanik , Junior manager , Saripari Pertiwi Abadi, PT

Statement of financial position also known as balance sheet

Falah Musthafa
by Falah Musthafa , Audit Executive , MIM International Consultancies

1. Statement of Financial Position is also known as Balance Sheet. 

It shows the financial position of an organisation as on a specific date.

Haris Junaid
by Haris Junaid , Senior Consultant , KPMG Lower Gulf

1-Balance sheet is the right answer

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