CFA Practice Question

There are 86 practice questions for this study session.

CFA Practice Question

Which one is the correct format of a balance sheet (in order of occurrence) under U.S. GAAP?

A. Assets, liabilities, stockholders' equity
B. Liabilities, stockholders' equity, assets
C. Assets, stockholders' equity, liabilities
Correct Answer: A

User Contributed Comments 4

User Comment
jainrajeshv Here in bahrain we are presenting assets, stockholder's equity and liabilities
Bududeen uk gaap also so is IFRS
vatsal92 Assets = Liabilities + St. Equity.
Cartagena think ALE like a bee
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