Advertisements
Advertisements
प्रश्न
If a liability is left out while preparing the balance sheet, how does it affect the financial position shown?
विकल्प
Business looks weaker
Only assets are affected
Business appears richer than it really is
No effect on financial reporting
MCQ
Advertisements
उत्तर
Business appears richer than it really is
Explanation:
Missing liabilities make the business seem financially stronger, as not all debts are shown.
shaalaa.com
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
