Study of the trend of the same items of two or more balance sheets

Related MCQs

• ---------------- establishes the relationship of different individual items which same common items
• The ratio which depicts the relationship between two items, one of which is drawn from the Balance Sheet and the other from the revenue account
• While preparing Cash Flow Statement, non-cash items and non-operating items are not required to be adjusted under________
• Kumar Ltd. reported net sales Rs 9,00,000, Rs 9,90,000 and Rs 10,80,000 in the year 2013, 2014 and 2015. If 2013 is the base year what is the trend % for 2015?
• Which is not the limitation of financial analysis? I)Effect of personal Bias II)Identify Trend III)Judge Efficiency IV)Different accounting policies
• Trend analysis is significant for
• In trend percentage the base year is ----------------------------
• Comparison of financial statements highlights the trend of the _________ of the business.
• For calculating trend percentages any year is selected as:
• The statement of changes in financial position prepared to determine only the sources and uses of working capital between two dates of balance sheet is known as __________.