…………..are statements of financial position at different periods

Related MCQs

• ………………. are prepared so as to provide time perspective to the consideration of various elements of financial position embodied in such statements.
• …………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………
• …………….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…………………..
• ……………..is the process of identifying the financial strengths and weakness of the firm by properly establishing relationship between the items of balance sheet and Profit and Loss Account
• Observing changes in financial analysis across the years is ……………
• ……………..is a tool of management for financial analysis and helps in making decisions.