What is a financial instrument?

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Assets 3000000 liabilities 1750000 Equity 1250000
Posted by:
Ahmed kandil
12-March-2015

a. A type of contract b. A type of asset c. A type of liability d. A type of asset or liability

Financial Accounting Financial Management Financial Systems Implementation

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Date Posted: 2013/08/28

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1 Answers

Mohammed Salim Allana

by Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

d.
an asset or liabillity depend on who is the issuer of financial instrument.

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