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1 year ago

How to determine a person's solvency which financial document should be consulted?

Social Studies

1 answer:

MrRissso [65]1 year ago

6 0

To determine a person's solvency, the financial document must be consulted: The balance sheet.

Financial documents, additionally referred to as economic statements, are used for reporting monetary records approximately an enterprise, in a standardized layout. popular economic documents encompass a stability sheet, a profits announcement, and a coins drift statement.

Financial documents are formal records of the financial sports and role of a business, character, or other entity. relevant economic information is supplied in a dependent way and in a form that is simple to recognize.

The five monetary files: The 5 key documents consist of profit and loss statements, stability sheets, coins-drift statements, tax returns, and aging reviews.

The most crucial financial document for most of the people of customers is in all likelihood to be the earnings declaration because it reveals the ability of an enterprise to generate income. also, the records listed on the profits assertion are often in extraordinarily present-day dollars, and so represent an affordable degree of accuracy.

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Answer:

The right chronological order is:

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VikaD [51]

The correct answer would be option B, Many of the unhappy things in people's lives are partly due to bad luck.

The above mentioned belief indicated the external locus of control.

Explanation:

The extent to which people think that they have or have not control over the outcomes of events in their lives. There are two types of locus of control:

External Locus of Control
Internal Locus of Control

In external locus of control, people believe that they don't have any control over the events happening in their lives and all such events are happening due to the luck, fate, circumstances, injustice, etc. On the contrary, people with internal locus of control believe that everything happening in their lives are due to their own selves.

So in the given question, option B gives us the best example of the external locus of control, in which it is said that Many of unhappy things in people's lives are partly due to bad luck. So it means the people believe that bad things are happening due to their luck, which is an external factor and is out of their control.

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