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Question Practice

Which of the following is NOT a characteristic of a balance sheet?

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MCQ_SA
CBSE
Class 11
Accountancy
Accountancy - II
Financial Statements - I
Question Bank

Which of the following is NOT ...

Single Answer MCQ
Q-00053523

Which of the following is NOT a characteristic of a balance sheet?

1

It is prepared at a specific date.

2

It summarizes revenues and expenses.

3

It reflects the financial position of a company.

4

It includes both assets and liabilities.

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