Choose the correct answer. 6. Determining one's current financial situations involves a. Determination of income, expenses, assets and liabilities b. Determination of possible creditors c. Determination of prospective investors d. Determination of past debtors

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
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Choose the correct answer. 6. Determining one's current financial situations involves a. Determination of income, expenses, assets and liabilities b. Determination of possible creditors c. Determination of prospective investors d. Determination of past debtors 7. Which of the following is not among the risks that need to be evaluated in financial planning? a. inflation risk b. liquidity risk c. relationship risk d. health risk
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