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Question-1
Interpretation means ________ data.
(A)
Analysis
(B)
Simplification
(C)
Explaining
(D)
None of these
Question-2
Cross sectional analysis is also called
(A)
Inter firm comparison
(B)
Intra firm comparison
(C)
Both a& b
(D)
None of these
Question-3
The financial statements of a business enterprise include.
(A)
Balance sheet
(B)
Profit and loss account
(C)
Cash flow statement
(D)
All of these
Question-4
Common size analysis is also known as _____ analysis.
(A)
Vertical
(B)
Horizontal
(C)
Both a & b
(D)
None of these
Question-5
________ are those which summarise and present relating data for a number of years incorporating therein the changes in individual items.
(A)
Common size statements
(B)
Comparative statements
(C)
Cash flow statements
(D)
None of these
Question-6
Common size financial statement also known as
(A)
Trend Analysis
(B)
Cash Flow Analysis
(C)
Component percentage statement
(D)
None of these
Question-7
Time series analysis or Horizontal analysis is also known as
(A)
Inter firm comparison
(B)
Intra firm comparison
(C)
Both a & b
(D)
None of these
Question-8
Balance sheet provides information about financial position of the enterprise.
(A)
At a point in time
(B)
Over a period of time
(C)
For a period of time
(D)
None of these
Question-9
The most commonly used tools for financial analysis are.
(A)
Horizontal analysis
(B)
Vertical analysis
(C)
Ratio analysis
(D)
All of these
Question-10
________ summarises the cause for the changes in cash position of a business enterprise between dates of two Balance sheets.
(A)
Ratio Analysis
(B)
Cash flow Analysis
(C)
Trend Analysis
(D)
None of these
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Plus 2 Commerce
CBSE
Practice in Related Chapters
Accounting Not For Profit Organisation
Accounting for Partnership: Basic Concepts
Reconstitution of a Partnership Firm: Admission of a Partner
Dissolution of Partnersip Firm
Accounting for share capital
Issue and Redemption of Debentures
Financial Statements of a Company
Analysis Of Financial Statement
Cash Flow Statement
Accounting Ratios
Reconstitution of a Partnership Firm: Retirement/Death of a Partner
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