Financial performance means:
A) providing information about the cash position of an entity
B) setting out the enterprise's set of financial resources and obligations at a point in time
C) identifying,measuring and communicating economic information to allow informed decisions
D) generating new resources for day-to-day operations over a period of time.

Question

Quizplus · Accepted Answer

Financial performance refers to the ability of an entity to generate new resources and manage its operations effectively over a period of time, reflecting its profitability and operational efficiency.

Financial Performance Means