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
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.
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):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 : 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 : 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.
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