The statement prepared to disclose accounting information are known as-----
A) Comparative statements
B) Common size statements
C) Financial statements
D) None of the above
Correct Answer:
Verified
Q12: Trend analysis is significant for
A)Forecasting and budgeting
B)Profit
Q13: In trend percentage the base year is
Q14: Comparative statements are a form of ---------------------------
A)Horizontal
Q15: The term financial ananlysis include both ---------
Q16: Vertical analysis is also known as ------------------
A)Dynamic
Q18: ------------- gives a diagnosis of the profitability
Q19: ------------------------ helps in drawing inferences of conclusions
A)Analysis
B)Interpretation
C)Comparison
D)None
Q20: ---------------- establishes the relationship of different individual
Q21: Under ------------------------ each item of expenses taken
Q22: ----------- helps to disclose financial position
A)Trial Balance
B)Profit
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