Question : Tools or Techniques of Financial Statement Analysis are
Option 1: Comparative Statements
Option 2: Common-size Statements
Option 3: Ratio and Cash flow statement
Option 4: All of the above
Answer (1)
25th Jan, 2024
Correct Answer: All of the above
Solution : Answer = All of the above
Tools or techniques of financial statement analysis include Comparative Statements, which compare financial data across different periods; Common-size Statements, which express each line item as a percentage of a base figure; and Ratio Analysis, which assesses relationships between financial variables. Additionally, Cash Flow Statements analyze cash inflows and outflows.
Hence, the correct option is 4.
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