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12th Standard English Medium Accountancy Subject Financial Statement Analysis Creative 1 Mark Questions with Solution Part - I

12th Standard

    Reg.No. :
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Accountancy

Time : 00:30:00 Hrs
Total Marks : 5
    5 x 1 = 5
  1. Different tools are used for analysing the _____________

    (a)

    balance sheet

    (b)

    financial statement

    (c)

    income statement

    (d)

    none of these

  2. When figure relating to several years are considered for the purpose of analysis, the analysis is called ______________

    (a)

    Horizontal analysis

    (b)

    Vertical analysis

    (c)

    Trend analysis

    (d)

    Cash flow analysis

  3. Preparation of common size statements and computation of ratios are examples of __________

    (a)

    Ratio analysis

    (b)

    Vertical analysis

    (c)

    Horizontal analysisNone of these

    (d)

    None of these

  4. Which of the following are techniques, tools or methods of analysis and interpretation of financial statements?

    (a)

    Ratio analysis

    (b)

    Average analysis

    (c)

    Trend analysis

    (d)

    An of the above

  5. The term 'Financial statement' covers __________

    (a)

    Profit & loss statement

    (b)

    Balance sheet and profit & loss statement appropriation account

    (c)

    Profit and loss statement and balance sheet

    (d)

    None of these

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