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6 December, 09:12

What is an assessment of what you own and what you owe?

Personal balance statement

Cash flow statement

Budget statement

Liability statement

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Answers (1)
  1. 6 December, 12:09
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    The term that is being referred above is the Personal Balance Sheet or Statement. This shows the result of your assessment as to what you own and what you can owe. This assessment aims to check your financial health and the status of your personal finances. Answer to this is the first option.
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