The process of deriving conclusions from the analysis is commonly termed as ----------------

Related MCQs

• ------------------------ helps in drawing inferences of conclusions
• __________ analysis is the process of studying a series of ratios for a company and/or industry over time.
• The budget which commonly takes the form of budgeted Profit and Loss Account and Balance Sheet is
• Working capital over and above the fixed working capital would be termed as _______.
• When the actual cost is less than the standard cost, the difference is termed as
• When the concept of ratio is defined in respected to the items shown in the financial statements, it is termed as
• Gross Profit ratio is also termed as
• To establish an effective system of standard costing it is essential that 1) The technical process of operation should be prone to planning 2) The cost of the products should be given 3) The process or operating costs of products should be provided 4) The standard costing should be consistent with the technical procedure of the production of the specific entity
• ……………………..accounting is the adoption and analysis of accounting information and its diagnosis and explanation in such a way so as to assist the decision -makers.
• The ratio analysis is helpful to management in taking several decisions, but as a mechanical substitute for judgement and thinking, it is worse than useless.