The April MPI Minnesota Chapter CMP Prep questions both questions refer to Domain D (Financial Management).
1. A balance sheet is likely to include all of the following except:
a. Expenses
b. Net worth
c. Assets
d. Liability
2. Which of these shows an event's actual profit or loss?
a. Income statement
b. Final budget
c. Balance sheet
d. Master account
Answers:
1. a
2. a