Mandatory Questions Flashcards

1
Q

What is the difference between a balance sheet and a profit and loss stratement

A

The balance sheet

  • snapshot in time as to how effectively a company’s management uses its resources.

A profit and loss statement

  • summarizes the revenues, costs, and expenses incurred during a specific period of time
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2
Q

Benefits of the rics

A

develop your expertise and earning potential

Build a global professional network

Enhance your skills and employability

Demonstrate higher professional and ethical standards

Broaden your horizons and lead the debate

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