Account class 12 Financial Statements Analysis

1. An objective of financial analysis is to determine operating efficiency and profitability.

2. Determining operating efficiency and profitability is not an objective of financial analysis.

3. Financial analysis used for credit analysis.

4. The purpose of financial statement analysis by trade creditors is to determining whether the amount due to them is safe.

5. Financial statements analysis does not ignore qualitative elements.

6. The important objective of financial analysis is ;

7. Financial analysis can be used for ;

8. The purpose of analysis of financial statements for short term creditors is ;

9. Which analysis is considered as dynamic ?

10. Which analysis is considered as static ?

11. Financial analysis is significant for ;

12. Following analysis is based on one years data ;

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