Financial State...

The valuing of assets at _________ principle for balance sheet is followed while preparing financial statements.

Which of the following statements are true?
a. Financial statements are only interim report.
b. Financial statements are also known as annual records.
c. Financial statements are historic.

The ____________ statement is also taken as an integral component of the financial statements of a company.

If a company uses a predetermined rate for absorbing factory overhead, the volume variance is the _______________________.

The dividend declared by Neetu limited is Rs.$$2$$ per share of face value of Rs.$$10$$ and the average market value is Rs.$$25$$. The yield is ______________.

Which of the following is true?

Which of the following statement is true?
A. Financial statement provide information about cash flow.
B. Financial statement provide information about the credit earning capacity of the business.

The _______ objective of financial statements is to assist the users in their decision-making.

The depreciation is provided taking into consideration the useful ______ life of fixed assets.

Financial statement are prepared to provide adequate, _______ and periodical information about economic resources and obligations of a business firm.