CIMA Fundamentals of financial accounting BA3 Question # 21 Topic 3 Discussion

CIMA Fundamentals of financial accounting BA3 Question # 21 Topic 3 Discussion

BA3 Exam Topic 3 Question 21 Discussion:
Question #: 21
Topic #: 3

The format of the financial statements and the disclosure notes are prescribed by accounting standards and Company Law.

Which THREE of the following are headings within the statement of financial position?


A.

Profit from operations


B.

Non-current assets


C.

Current assets


D.

Cost of sales


E.

Equity & liabilities


F.

Profit before tax


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