Question : Assertion A: - Financial analysis identifies symptoms of the problems but does not offer its diagnosis. The management has to look for remedies to rectify the problems.

Reason R: - Analysis of financial statements is based on the information given in the financial statements. Hence, this analysis suffers from various limitations from which the financial statements.
Option 1: Both Assertion A and reason R are correct but the reason R is not the correct explanation of Assertion A
Option 2: Both Assertion A and reason R are correct but the reason R is the correct explanation of Assertion A
Option 3: Both Assertion A is correct but the reason R is not correct
Option 4: Both Assertion A is and reason R are not correct

Question

Question : Assertion A: - Financial analysis identifies symptoms of the problems but does not offer its diagnosis. The management has to look for remedies to rectify the problems.

Reason R: - Analysis of financial statements is based on the information given in the financial statements. Hence, this analysis suffers from various limitations from which the financial statements.

Option 1: Both Assertion A and reason R are correct but the reason R is not the correct explanation of Assertion A

Option 2: Both Assertion A and reason R are correct but the reason R is the correct explanation of Assertion A

Option 3: Both Assertion A is correct but the reason R is not correct

Option 4: Both Assertion A is and reason R are not correct

Team Careers360 · Accepted Answer

Correct Answer: Both Assertion A and reason R are correct but the reason R is the correct explanation of Assertion A

Solution : Answer = Both Assertion A and reason R are correct but reason R is the correct explanation of Assertion A

Financial analysis identifies symptoms of the problems but does not offer its diagnosis. The management has to look for remedies to rectify the problems. Analysis of financial statements is based on the information given in the financial statements. Hence, this analysis suffers from various limitations from which the financial statements.
Hence, the correct option is 2.

Exams

Colleges

Predictors

Resources

Quick links

B.Tech CompanionUse Now Your one-stop Counselling package for JEE Main, JEE Advanced and BITSAT

Exams

Colleges & Courses

Predictors

Resources

Exams

Colleges

Predictors & E-Books

Resources

Engineering Preparation

Medical Preparation

Online Courses

Products

Exams

Colleges

Resources

Exams

Colleges

Predictors & Articles

Resources

Exams

Colleges

Predictors

Resources

NEET CompanionUse NowYour one-stop Counselling package for NEET, AIIMS and JIPMER

Exams

Colleges

Upcoming Events

Resources

Exams

Colleges

Resources

Quick Links

Top Streams

Specializations

Resources

Top Providers

Exams

Colleges

Resources

Diploma Colleges

Exams

Colleges

Resources

Exams

Resources

Top Courses & Careers

Colleges

Exams

Upcoming Events

Resources

Other Exams

Exams

Colleges

Top Countries

Student Visas

Exams

Top Schools

Products & Resources

NCERT Study Material

Related Questions

Question : Read the following statements of Assertion (A) and Reason(R) and choose the correct alternative: Assertion(A): Financial Management is imaginative function. Reason(R): Financial Management is one of the functional areas of management.

Question : Read the following statements of Assertion (A) and Reason(R) and choose the correct alternative: Assertion (A): The principles of management are guidelines to action but do not provide readymade solution to all managerial problems. Reason (R): The real business

Question : Read the following statements of Assertion (A) and Reason(R) and choose the correct alternative: Assertion(A):Staffing is all pervasive. Reason(R): Staffing is required at every level of management.

Question : Assertion: Strategies are developed at the operational level of an organization. Reason: Strategies are primarily formulated by top-level management.

Question : Assertion (A) : The development of Business is depends upon the ative partners only. Reason (R) : Active partner is a person who provides his share in capital and also takes active part in the management of the business.

Trending Articles/News

Sign In/Sign Up

Download the Careers360 App on your Android phone

B.Tech CompanionUse Now
Your one-stop Counselling package for JEE Main, JEE Advanced and BITSAT

NEET CompanionUse Now
Your one-stop Counselling package for NEET, AIIMS and JIPMER

Question : Read the following statements of Assertion (A) and Reason(R) and choose the correct alternative:
Assertion(A): Financial Management is imaginative function.
Reason(R): Financial Management is one of the functional areas of management.

Question : Read the following statements of Assertion (A) and Reason(R) and choose the correct alternative:
Assertion (A): The principles of management are guidelines to action but do not provide readymade solution to all managerial problems.
Reason (R): The real business

Question : Read the following statements of Assertion (A) and Reason(R) and choose the correct alternative:
Assertion(A):Staffing is all pervasive.
Reason(R): Staffing is required at every level of management.

Question : Assertion: Strategies are developed at the operational level of an organization.

Reason: Strategies are primarily formulated by top-level management.

Question : Assertion (A) : The development of Business is depends upon the ative partners only.

Reason (R) : Active partner is a person who provides his share in capital and also takes active part in the management of the business.