Question : Which of the following statements is incorrect in respect of the analysis of the financial statement?
Option 1: Ineffective utilization of its (firm) resources.
Option 2: Effective utilization of its (firm) resources.
Option 3: Profitability of the firm in relation to investments.
Option 4: None of the above
Answer (1)
24th Jan, 2024
Correct Answer: Ineffective utilization of its (firm) resources.
Solution : Answer = Ineffective utilization of its (firm) resources.
Measures for financial statement analysis that assess how effectively a business uses its resources to produce income and revenue.
Hence, the correct option is 1.
Comments (0)
