Statement of financial position Flashcards
1
Q
What is a statement of financial position
A
2
Q
What is contained within a statement of financial position
A
3
Q
Non-current assets
A
4
Q
Current assets
A
5
Q
What is depreciation
A
6
Q
The needed for the provision of depreciation
A
7
Q
What are the methods of depreciation
A
8
Q
The impact of depreciation on a business
A
9
Q
Usefulness of a statement of financial position for a business and stakeholders
A
