Which of the Following Classification Appears Last in the Statement

question 225

Multiple Choice

Which of the following classification appears last in the Statement of Financial Position?

• A) Non-current Liabilities.
• B) Equity.
• C) Current Liabilities.
• D) Reserves.

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Definitions:

Federal Economic Policies

Strategies implemented by a government to manage its economy, involving decisions on taxation, government spending, and monetary supply.

Conglomerate Mergers

The combination of two or more corporations operating in entirely different industries under one corporate group, usually to diversify business interests and reduce risks.

Illegal Marketing

Practices that violate laws or regulations governing advertising, promotion, and selling of goods or services.

Civil And Criminal Allegations

Legal claims brought in civil or criminal court, with civil allegations involving disputes between individuals or entities and criminal allegations involving violations of laws punishable by the state.