Q. Feature of financial analysis is to present the data contained in financial statements in
✅ Correct Answer: (D)
All of the Above
Financial Statements Analysis MCQs with answers
Dear candidates you will find MCQ questions of 12th Class - Accountancy - Part 1: Not-for-Profit Organisation and Partnership Accounts | Chapter: Financial Statements Analysis here. Learn these questions and prepare yourself for coming examinations. You can check the right answer of any question by clicking the option or by clicking view answer button.
All subjects and chapters of 12th Class are listed below. You can select any subject and chapter below to learn mcq questions of that chapter and subject.
Q. Which analysis is based only on one year’s data :
✅ Correct Answer: (B)
Vertical Analysis
Q. Main objective of analysis of financial statements is
✅ Correct Answer: (D)
All of the Above
Q. Analysis of Financial Statements is significant:
✅ Correct Answer: (D)
all of the above
Q. Financial analysis becomes significant because it :
✅ Correct Answer: (B)
Measures the efficiency of business
Q. When bad position of the business is tried to be depicted as good, it is known as
✅ Correct Answer: (C)
Window Dressing
Q. For whom the analysis of financial statements is not significant?
✅ Correct Answer: (C)
Ambassador of India
Q. Main limitation of analysis of financial statements is
✅ Correct Answer: (D)
All of the Above
Q. Which of the following is not a limitation of analysis of financial statements?
✅ Correct Answer: (B)
To know the financial strength
Q. Financial analysis become useless because it:
✅ Correct Answer: (D)
Lacks Qualitative Analysis
Q. Main limitation of financial analysis is :
✅ Correct Answer: (A)
Do not reflect changes in price level
Q. For whom analysis of financial statements is not significant?
✅ Correct Answer: (A)
Political Adviser of Prime Minister
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