An Alternative Name for the Statement of Financial Position Is

question 38

Multiple Choice

An alternative name for the statement of financial position is:

• A) Financial performance statement
• B) Financial balances statement
• C) Income statement
• D) Balance sheet

---

Definitions:

Microsystem

The immediate environment in which an individual operates, such as family and school, which directly influences their development.

Ethological Approach

A perspective in psychology that studies human behavior by comparing it to animal behavior and considering its adaptiveness and evolutionary origins.

Evolutionary Psychology

Application of Darwinian principles of natural selection and survival of the fittest to individual behavior.

Cognitive Approach

A psychological perspective that focuses on how people think, understand, and know about the world, emphasizing mental functions such as learning, memory, perception, and problem-solving.