Stella, a Systems Manager for a Large Technology Company, Would

question 144

Multiple Choice

Stella, a systems manager for a large technology company, would like to get an understanding of her company's financial position with respect to assets and liabilities at the end of the fiscal year. Which of the following should she refer to?

• A) Income statement
• B) Activity ratio
• C) Balanced scorecard
• D) Balance sheet
• E) None of these

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Definitions:

Current Liabilities

Short-term financial obligations due within one year or within a normal operating cycle.

Net Fixed Assets

The value of a company's property, plant, and equipment minus any depreciation that has been recorded on these assets.

Cash Flow

The net amount of cash being transferred into and out of a business, considered important for assessing liquidity, flexibility, and overall financial health.

Creditors

Individuals or institutions that lend money or extend credit, with the expectation of being repaid.