Question : Which of the following is not a tool of Analysis of Financial Statements?
Option 1: Ratio Analysis
Option 2: Common-size Statement
Option 3: Comparative Statement
Option 4: Statement of Profit & Loss
Correct Answer: Statement of Profit & Loss
Solution : The financial accounts of a company record significant financial data about all aspects of its business. As such, their performance in the past, present, and future can be evaluated. Cash flow statements, ratio analysis, common-size statements, and comparative statements are a few helpful methods for financial statement analysis. Hence, the correct option is 4.
Question : Tools or Techniques of Financial Statement Analysis are
Question : Which of the following statement is correct with respect of Analysis of Financial Statements?
Question : Which of the following statements is incorrect?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile