Analysis of Financial Statements
Class 12 · Accountancy · 29 Questions
Analysis simply means____data.
Comparative analysis is also known as ____analysis.
Common size analysis is also known as ____analysis.
The analysis of actual movement of money inflow and outflow in an organisation is called____analysis.
The financial statements of a business enterprise include:
The most commonly used tools for financial analysis are:
An Annual Report is issued by a company to its:
Balance Sheet provides information about financial position of the enterprise:
Comparative statements are also known as:
The financial statements of a business enterprise include cash flow statement.
Comparative statements are the form of horizontal analysis.
Ratio analysis is a tool for analysing the financial statements of any enterprise.
Financial analysis is used only by the creditors.
Statement of profit and loss account shows the operating performance of an enterprise for a period of time.
Financial analysis helps an analyst to arrive at a decision.
Cash Flow Statement is a tool of financial statement analysis.
In a Common size statement each item is expressed as a percentage of some common base.
Distinguish between Vertical and Horizontal Analysis of financial data.
State the meaning of Analysis and Interpretation.
State the importance of Financial Analysis?