Interpretation of Financial Statements includes:
  • Criticisms and Analysis
  • Comparison and Trend Study
  • Drawing Conclusion
  • All the above
Horizontal Analysis is also known as :
  • Dynamic Analysis
  • Structural Analysis
  • Static Analysis
  • None of these
Vertical Analysis is also known as :
  • Static Analysis
  • Dynamic Analysis
  • Structural Analysis
  • None of these
Comparative Statements are also known as :
  • Dynamic Analysis
  • Horizontal Analysis
  • Vertical Analysis
  • External Analysis
Common-size Statement are also known as:
  • Dynamic Analysis
  • Horizontal Analysis
  • Vertical Analysis
  • External Analysis
The most commonly used tools for financial analysis are:
  • Comparative Statements
  • Common-size Statement
  • Accounting Ratios
  • All the above
The analysis of financial statement by a shareholder is an example of:
  • External Analysis
  • Internal Analysis
  • Vertical Analysis
  • Horizontal Analysis
For calculating trend percentages any year is selected as:
  • Current year
  • Previous year
  • Base year
  • None of these
Tools for comparison of financial statements are :
  • Comparative Balance Sheet
  • Comparative Income Statement
  • Common-size Statement
  • All the above
Trend ratios and trend percentage are used in :
  • Dynamic analysis
  • Static analysis
  • Horizontal analysis
  • Vertical Analysis
Comparative Financial Statements show:
  • Financial position of a concern
  • Earning capacity of a concern
  • Both of them
  • None of these
Comparative financial analysis process shows the comparison between the items of which statement:
  • Balance Sheet
  • Profit & Loss Statement
  • (a) and (b) both
  • None of these
Which of these are not the method of financial statement analysis ?
  • Ratio Analysis
  • Comparative Analysis
  • Trend Analysis
  • Capitalisation Method
Common-size financial statements are mostly prepared:
  • In proportion
  • In percentage
  • (a) and (b) both
  • None of these
Tangible assets of company increased from T 4,00,000 to T 5,00,What is the percentage of change ?
  • 20%
  • 25%
  • 33%
  • 50%
A company’s shareholders fund was 7 8,00,000 in the yearIt because 7 12,00,000 in the year 20 What is percentage of change ?
  • 100%
  • 25%
  • 50%
  • 33.3%
A company’s net sales are ₹ 15,00,000; cost of sales is ₹ 10,00,000 and indirect expenses are ₹ 3,00,000, the amount gross profit will be:
  • ₹ 13,00,000
  • ₹ 5,00,000
  • ₹ 2,00,000
  • ₹ 12,00,000
Sales less Cost of goods sold is called :
  • Operating Profit
  • Gross Profit
  • Net Profit
  • Total Profit
If total assets of a firm are 7 12,00,000 and its non of non-current assets to total assets ?
  • 50%
  • 75%
  • 25%
  • 80%
If total assets of a firm are 7 10,00,000 and its non-current assets are 7 6,00,000, what will be the percentage of current assets on total assets ?
  • 60%
  • 50%
  • 40%
  • 30%
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