Chapter analysis-of-financial-statements: Analysis of Financial Statements MCQs | accountancy Class 12 CBSE

Chapter analysis-of-financial-statements: Analysis of Financial Statements MCQs | accountancy Class 12 CBSE | ByteNotes.in

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Question 1

Objective

Financial Statement Analysis is best described as:

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Question 2

Objective

Which of the following is NOT a tool of financial analysis?

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Question 3

Objective

Comparative Statements are also known as:

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Question 4

Objective

Common Size Statements are also known as:

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Question 5

Objective

In a Common Size Statement of Profit and Loss, each item is expressed as a percentage of:

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Question 6

Objective

In a Common Size Balance Sheet, each item is expressed as a percentage of:

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Question 7

Objective

The formula for calculating percentage change in Comparative Statements is:

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Question 8

Objective

If revenue from operations was ₹40,00,000 in 2015-16 and ₹50,00,000 in 2016-17, what is the percentage change?

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Question 9

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Which stakeholder analyses financial statements primarily to evaluate the firm's long-term solvency and ability to pay interest?

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Question 10

Objective

Trade payables are particularly interested in which aspect of financial analysis?

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Question 11

Objective

Trend analysis is a technique of studying operational results and financial position over:

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Question 12

Objective

The trend percentage is the percentage relationship in which each item of different years bears to the same item in the:

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Question 13

Objective

Which of the following is a limitation of financial analysis?

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Question 14

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Which tool of financial analysis is used to assess profitability, solvency, and efficiency by measuring relationships between items?

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Question 15

Objective

Cash Flow Analysis is primarily concerned with:

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Question 16

Objective

An annual report issued by a company is primarily meant for its:

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Question 17

Objective

Which of the following correctly describes 'analysis' in the context of financial statement analysis?

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Question 18

Objective

Which of the following correctly describes 'interpretation' in financial statement analysis?

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Question 19

Objective

Which of the following is an example of inter-firm comparison?

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Question 20

Objective

BCR Co. Ltd. had expenses of ₹44,00,000 in 2015-16 and ₹50,60,000 in 2016-17. What is the percentage change in expenses?

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Chapter analysis-of-financial-statements: Analysis of Financial Statements | MCQs

Financial Statement Analysis is best described as:

Which of the following is NOT a tool of financial analysis?

Comparative Statements are also known as:

Common Size Statements are also known as:

In a Common Size Statement of Profit and Loss, each item is expressed as a percentage of:

In a Common Size Balance Sheet, each item is expressed as a percentage of:

The formula for calculating percentage change in Comparative Statements is:

If revenue from operations was ₹40,00,000 in 2015-16 and ₹50,00,000 in 2016-17, what is the percentage change?

Which stakeholder analyses financial statements primarily to evaluate the firm's long-term solvency and ability to pay interest?

Trade payables are particularly interested in which aspect of financial analysis?

Trend analysis is a technique of studying operational results and financial position over:

The trend percentage is the percentage relationship in which each item of different years bears to the same item in the:

Which of the following is a limitation of financial analysis?

Which tool of financial analysis is used to assess profitability, solvency, and efficiency by measuring relationships between items?

Cash Flow Analysis is primarily concerned with:

An annual report issued by a company is primarily meant for its:

Which of the following correctly describes 'analysis' in the context of financial statement analysis?

Which of the following correctly describes 'interpretation' in financial statement analysis?

Which of the following is an example of inter-firm comparison?

BCR Co. Ltd. had expenses of ₹44,00,000 in 2015-16 and ₹50,60,000 in 2016-17. What is the percentage change in expenses?

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