FNA LM App that helps candidates to clear Line Manager interview. Especially develped for GTT candidates. This is a test version. pjain0303 published on April 28, 2016 Stacked 1/5 Financial statements report the fair market value of a company. True False 2/5 Financial accounting is focused on the __________ financial statements of a company. External Internal Previous None of the above 3/5 Which of the following is/are subfields of accounting? * Financial Accounting Cost Accounting Management Accounting All of the above 4/5 Large corporations must follow the _________ basis of accounting. Type answer. Hint: 7 characters 5/5 ABC Co. has current assets of $50,000 and total assets of $150,000. ABC has current liabilities of $30,000 and total liabilities of $80,000. What is the amount of ABC's owner's equity? 20000 30000 70000 120000