………………. are prepared so as to provide time perspective to the consideration of various elements of financial position embodied in such statements.

Related MCQs

• …………..are statements of financial position at different periods
• …………statement shows changes in financial position and hence dynamic in nature
• In ………………..type of analysis , financial statements for a number of years are reviewed and analyzed.
• In case of a limited company, the term financial statements includes………
• According to SEBI requirements Cash flow statement is prepared by categorizing cash flows into operating, investing and …………..activities
• Managerial accounting information is generally prepared for
• The three basic elements of the cost of a manufactured product are:
• …………….is concerned with recording transactions and preparing financial reports for the external and internal users of accounting.
• ……………….is the art of recording, classifying and summarizing in a significant manner and in terms of money, transactions and events, which are in part, at least of financial character and interpreting the results there of.
• The objective of financial accounting is to find out…………………..