REVISION QUESTION A. A classification of ratios that you may encounter is "solvency". Where would solvency ratios fit in with the classification system used in our textbook? Which term would be preferred by companies with substantial borrowings and why? REVISION QUESTION B. Your car mechanic has decided to use process costing for the month of August. Should you reschedule your 30 August appointment? Discuss. REVISION QUESTION C. The Statement of Financial Position (Balance Sheet) shows the assets, liabilities and owners equity values at a certain date. It doesn't give any guidance for the future prospects of a firm. Do agree or disagree. State your reasons