Which of the Following Is Not True

question 19

Multiple Choice

Which of the following is not true?

• A)Assets = Liabilities + Shareholders' Equity
• B)Liabilities = Assets - Shareholders' Equity
• C)Shareholders' Equity + Liabilities - Assets = 0
• D)Liabilities - Shareholders' Equity = Assets

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Definitions:

Ratio

A quantitative relationship between two numbers indicating how many times one value contains or is contained within the other.

Average Values

Statistical measures that represent the central tendency or typical value of a dataset, such as the mean, median, and mode.

Operating Activities

Business activities directly related to the production, selling, and delivery of a company's products or services.

Financing Activities

Transactions related to raising capital and repaying debt; part of the cash flows in financial statements.