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NCERT-ANALYSIS OF FINANCIAL STATEMENTS-Test your Understanding-III
- The financial statements of a business enterprise include cash flow st...
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- Comparative statements are the form of horizontal analysis.
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- Common size statements and financial ratios are the two tools employed...
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- Ratio analysis establishes relationship between two financial statemen...
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- Ratio analysis is a tool for analysing the financial statements of any...
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- Financial analysis is used only by the creditors.
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- Statement of profit and loss account shows the operating performance o...
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- Financial analysis helps an analyst to arrive at a decision.
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- Cash flow statement is a tool of financial statement analysis.
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- In a Common size statement each item is expressed as a percentage of s...
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