Otc Executive

Otc Executive Interview Questions and Answers

Updated 8 Mar 2024

Q1. What is balance sheet

Ans.

Balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.

  • It provides a snapshot of a company's financial position.

  • Assets are what the company owns, liabilities are what it owes, and shareholders' equity is the difference between the two.

  • The balance sheet follows the accounting equation: Assets = Liabilities + Shareholders' Equity.

  • It helps investors and analysts assess the financial health and stabi...read more

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