2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Financial Statement Analysis

12th Class Accountancy Financial Statement Analysis Question Bank MCQs - Analysis of Financial Statement

  • question_answer
    Identify the correct statement:

    A) Main purpose of analyzing the financial statements is to study the trends.

    B) Rent paid is the part of 'Revenue from Operations'.

    C) Income tax is the part of 'Revenue from Operations'.

    D) Provision for tax is shown as other expense in statement of profit and loss.

    Correct Answer: A

    Solution :

    Main purpose of analyzing the financial statements is to study the trends.


You need to login to perform this action.
You will be redirected in 3 sec spinner