Question

For whom, analysis of financial statements is not significant?

• A. Investors
• B. Government
• C. Ambassador of India
• D. Company’s Employees

Hint:

Financial statement analysis is relevant only to users having financial stake in the business.

Answer 1

The Correct Option is C

Analysis of financial statements is useful for investors, government and employees for taking economic decisions. An Ambassador of India has no financial interest in a company, therefore such analysis is not significant for them.