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Financial State...

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  • Question 1
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    Analysis of Financial statements suffers from the limitation of window dressing which means….

  • Question 2
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    Income Statement represents:

  • Question 3
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    Following Items that can be shown as contingent Liabilities in a company‘s Balance sheet except

  • Question 4
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    Following are the limitations of financial analysis except

  • Question 5
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    The point where total of sales is exactly equal to the total of cost.

  • Question 6
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    Why government is interested in analysis financial statement

  • Question 7
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    The Real object of Analysis of Financial Statement is …………

  • Question 8
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    An amount receivable for sale of goods or services rendered in the ordinary course of business is classified as

  • Question 9
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    These may become liabilities in future but at present they are not liabilities. What we are talking about……….

  • Question 10
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    Study of relationship between various items is known

  • Question 11
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    It helps in ascertaining change in the items of income statement and Position Statement of different years in terms of figures and percentage.

  • Question 12
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    How a Company’s balance sheet is different from the balance sheet of partnership firm?


  • Question 13
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    ___________ is conducted by the management

  • Question 14
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    Name the expenses which refer to the indirect expenses relating to the principal revenue generating activities of the enterprise:

  • Question 15
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    When single set of statements of two firms is compared, it is known as …….

  • Question 16
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    Comparative Financial Statement is an example of

  • Question 17
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    Loose Tools, Stock-in-Trade, Stores and Spare Parts comes under the

  • Question 18
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    While obtaining Gross profit, we deduct _____ from net revenue from operations

  • Question 19
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    Why public interested in analyzing financial statement

  • Question 20
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    Shareholders are interested in the analysis of financial statement because….

  • Question 21
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    A liability is classified as current when it satisfies the following conditions except


  • Question 22
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    Following items are the example of operating expenses except

  • Question 23
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    Horizontal Analysis is:

  • Question 24
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    Which statement shows the sources related to the inflow and Outflow of cash

  • Question 25
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    Analysis conducted by the Investors and Creditors is known as:

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