What is a statement of financial position?

Group of answer choices

a$)$ It is a statement that reflects a business$$s cash$-$flow position at a certain point in time

b$)$ It indicates the difference between actual and budgeted figures

c$)$ It is a detailed statement of a business$$s financial position over an extended period

d$)$ It is a condensed statement of a business$$s financial position at a certain point in time