The Three Major Sections of the Balance Sheet Are The

question 16

Multiple Choice

The three major sections of the Balance Sheet are the:

• A) revenues, expenses, and current assets.
• B) assets, liabilities, and equity.
• C) cash, fixed assets, and interest payments.
• D) cash flow, fixed assets and other assets, and debt structure.

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Definitions:

Scapegoating

The practice of singling out any party for unmerited negative treatment or blame as a way of deflecting attention from one's own shortcomings.

Implicit Prejudice

Unconscious biases or attitudes towards other groups or individuals.

Assertive

A communication style characterized by confidence and directness in stating one’s needs and opinions without disrespecting others.

Female Faces

Refers to the physical visage or features of women or girls.