Financial position of the business means

A. Position about profits and losses

B. Position about incomes and expenses

C. Position about liquid funds

D. What the business owes to others and what it owns at a given point in time

Details of Mcqs:

The financial position of a business is measured by the performance it takes in company financial statements: a positive and growing cash flow statement; growing profits in the profit and loss statement; and a balance of assets, liabilities, and owner's equity in the balance sheet.

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