CBSE  /  Class 12  /  Accountancy  /  Analysis of Financial Statements

  • 1. 
    Interpretation of Financial Statements includes:

  • Criticisms and Analysis
  • Comparison and Trend Study
  • Drawing Conclusion
  • All the above

  • 2. 
    Horizontal Analysis is also known as :

  • Dynamic Analysis
  • Structural Analysis
  • Static Analysis
  • None of these

  • 3. 
    Vertical Analysis is also known as :

  • Static Analysis
  • Dynamic Analysis
  • Structural Analysis
  • None of these

  • 4. 
    Comparative Statements are also known as :

  • Dynamic Analysis
  • Horizontal Analysis
  • Vertical Analysis
  • External Analysis

  • 5. 
    Common-size Statement are also known as:

  • Dynamic Analysis
  • Horizontal Analysis
  • Vertical Analysis
  • External Analysis

  • 6. 
    The most commonly used tools for financial analysis are:

  • Comparative Statements
  • Common-size Statement
  • Accounting Ratios
  • All the above

  • 7. 
    The analysis of financial statement by a shareholder is an example of:

  • External Analysis
  • Internal Analysis
  • Vertical Analysis
  • Horizontal Analysis

  • 8. 
    For calculating trend percentages any year is selected as:

  • Current year
  • Previous year
  • Base year
  • None of these

  • 9. 
    Tools for comparison of financial statements are :

  • Comparative Balance Sheet
  • Comparative Income Statement
  • Common-size Statement
  • All the above

  • 10. 
    Trend ratios and trend percentage are used in :

  • Dynamic analysis
  • Static analysis
  • Horizontal analysis
  • Vertical Analysis
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