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Basic Question 0 of 19
Which one is the correct format of a balance sheet (in order of occurrence) under U.S. GAAP?
B. Liabilities, stockholders' equity, assets
C. Assets, stockholders' equity, liabilities
A. Assets, liabilities, stockholders' equity
B. Liabilities, stockholders' equity, assets
C. Assets, stockholders' equity, liabilities
User Contributed Comments 4
| User | Comment |
|---|---|
| jainrajeshv | Here in bahrain we are presenting assets, stockholder's equity and liabilities |
| Bududeen | uk gaap also so is IFRS |
| vatsal92 | Assets = Liabilities + St. Equity. |
| Cartagena | think ALE like a bee |
I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
explain the use of value at risk (VaR) in measuring portfolio risk;
compare the parametric (variance -covariance), historical simulation, and Monte Carlo simulation methods for estimating VaR;
estimate and interpret VaR under the parametric, historical simulation, and Monte Carlo simulation methods;
describe advantages and limitations of VaR;
describe extensions of VaR;
CFA® 2025 Level II Curriculum, Volume 5, Module 41.