Q. Which objective is not fulfilled by comparative financial statement:
  • (A) Indicate the extent of change in assets and liabi lities
  • (B) Indicate the extent of change in items of Statement of Pofit & Loss
  • (C) Show effect of operative activities on assets and liabilities
  • (D) Show the direction of change in assets and liabilities
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✅ Correct Answer: (B) Indicate the extent of change in items of Statement of Pofit & Loss

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