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
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