Main objective of Common Size Statment of Profit & Loss is :

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Ram Sharma

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Q. Main objective of Common Size Statment of Profit & Loss is :

(A) To present changes in assets and liabilities
(B) To judge the financial soundness
(C) To establish relationship between revenue from operations and other items of statement of Profit & Loss
(D) All of the Above

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✅ Correct Answer: (C) To establish relationship between revenue from operations and other items of statement of Profit & Loss

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