12th Class Accountancy Financial Statement Of Company Question Bank MCQs - Financial Statements of a Company

  • question_answer
    Which of the following is not a limitation of financial statements?

    A) Do not reflect price level changes

    B) Window Dressing

    C) Lack of qualitative analysis

    D) To measure the short-term solvency of business

    Correct Answer: D

    Solution :

    [d] To measure the short-term solvency of business


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