Question : Financial Analysis includes:
Option 1: Analysis
Option 2: Interpretation
Option 3: Both 1 and 2
Option 4: None of the above
Answer (1)
23rd Jan, 2024
Correct Answer: Both 1 and 2
Solution : Answer = Both 1 and 2
Presenting financial facts in an understandable manner is the aim of analysis and interpretation. It helps accounting users evaluate a company's long-term financial success.
Hence, the correct option is 3.
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