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Free MCQ’s Quiz on Class 12 Accountancy Part 2 – Chapter 4 – Analysis of Financial Statements – Set 1

Free MCQ’s Quiz for Class 12 Accountancy Part 2 Chapter 4 -Analysis of Financial Statements with Answers is prepared based on the latest CBSE Exam Pattern for the Academic Session. Students can solve NCERT based Class 12th Accountancy – ‘Analysis of Financial Statements’ Multiple Choice Questions with Answers to know their preparation level on the Success Roar Classes website.

Here, we have provided Free MCQ’s Quiz on Class 12 Accountancy Part 2 – Chapter 4 – Analysis of Financial Statements. The analysis of financial statements includes reforming information provided and examining the measurement errors and adjusting them for them. Users can determine a company’s risk and profitability by analysing the financial information included on the statements using a variety of methods.

To make you perfect in this topic – Analysis of Financial Statements, we are here with a set of MCQs Quiz that will help you in brushing up the understanding of the concepts.

Free MCQ’s on Analysis of Financial Statements.

Each set of MCQ’s consists of 10 Questions and you can see the results immediately after submitting the Set.

Free MCQ’s on Analysis of Financial Statements



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#1. Interpretation of Financial Statements includes:

#2. Comparative statements are also known as:

#3. Common size analysis is also known as ____ analysis.

#4. An annual report is issued by company to its:

#5. The financial statements of a business enterprise include:

#6. In a balance sheet of common size, total liabilities are assume to be equal to ____.

#7. The analysis of a financial statement by a shareholder is an example of___.

#8. Trend ratios and trend percentage are used in:

#9. When the financial statements of two or more organisations are examined, the process is known as:

#10. Which of the following is not a financial statement analysis limitation?


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