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Which objective is not fulfilled by comp...

Which objective is not fulfilled by comparative Statement of Profit & Loss :

A

To compare the items of Statement of Profit & Loss of two years

B

To know the absolute changes in items of Statement of Profit & Loss

C

To show the change in financial position

D

To know the percentage changes in items of Statement of Profit & Loss

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The correct Answer is:
C
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DK GOEL-COMPARATIVE STATEMENTS-MULTIPLE CHOICE QUESTIONS
  1. Which analysis depicts the relationship between two figures :

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  2. In which analysis total cost are equal to total rrevenue from Operatio...

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  3. Fixed assests of a company increased from Rs 3,00,000 to Rs. 4,00,000 ...

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  4. A company's current liabilities decreased from Rs. 4,00,000 to Rs. 3,0...

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  5. A company's working capital is Rs 10 lakh (Negative balance) in the ye...

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  6. A company's Revenue from Operations are Rs. 20,00,000 , Cost of Revenu...

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  7. Revenue From Operations Rs. 4,00,000 , Cost of Revenue from Operations...

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  8. Revenue From Operations Rs. 8,00,000 , Gross Profit 32% , Indirect Exp...

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  9. Revenue from Operations Rs. 4,00,000 , Cost of Revenue from Operations...

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  10. Payment of Income Tax is considered as

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  11. Interest on Loans is

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  12. Revenue from Operations less cost of Revenue froom Operations is calle...

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  13. Which objective is not fulfilled by comparative Statement of Profit & ...

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  14. In Comparative statements change in different items is presented in th...

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  15. Which of the following is not a from of persenting financial analysis...

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  16. Which objective is not fulfilled by comparative financial statement :

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  17. No profit no loss' point is called:

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  18. Net profit is obtained by deducting ………………. From Gross Profit.

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  19. Amount left after deducting gross profit from Revenue from Operations ...

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  20. What is gross profit+ materials consumed ?

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