CBSE  /  Class 12  /  Accountancy  /  Analysis of Financial Statements

  • 1. 
    On the basis of process, which of the following is the type of financial analysis ?

  • Horizontal Analysis
  • Vertical Analysis
  • Ratio Analysis
  • (a) and (b) both

  • 2. 
    Which Of the following is limitation of financial analysis ?

  • Window-dressing
  • Basis of Valuation
  • Lack of Accuracy
  • All the above

  • 3. 
    Which of the following is not the limitations of financial analysis ?

  • Lack of Accuracy
  • Based on Historical facts
  • Basis of Valuation
  • Information of Profit and Loss

  • 4. 
    When Financial Statements of two or more organisations are analysed, it is called :

  • Intra-firm Analysis
  • Inter-firm Analysis
  • Vertical Analysis
  • None of these

  • 5. 
    Which of the following statement correct ?

  • Retained Earnings = Total Income
  • Retained Earnings = Revenue-expenses
  • Retained Earnings = Gross Profit
  • None of the above

  • 6. 
    Which of the following is a type of Financial Analysis on the basis of material used ?

  • Internal Analysis
  • External Analysis
  • Internal Audit
  • Both (a) and (b)
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