Question:
Which of the following is not an objective of ‘Analysis of Financial Statements’?
Which of the following is not an objective of ‘Analysis of Financial Statements’?
Show Hint
N/A
Updated On: Jan 27, 2025
- To assess the current profitability and operational efficiency of the firm.
- To ascertain the relative importance of different components of the financial position of the firm.
- To consider the impact of price level changes.
- To identify the reasons for change in the profitability/financial position of the firm.
Hide Solution
Verified By Collegedunia
The Correct Option is C
Solution and Explanation
The analysis of financial statements focuses on evaluating the profitability, operational efficiency, and financial health of the firm. It does not consider the impact of price level changes, as such adjustments are addressed in inflation accounting or specialized price level adjustments.
Was this answer helpful?
0
0
Top Questions on Miscellaneous
- "ASEAN took steps to establish an ASEAN community on the basis of its three pillars." Explain the importance of these three pillars.
- CBSE CLASS XII - 2025
- Political Science
- Miscellaneous
- If the system of equations \[ x + 2y - 3z = 2 \] \[ 2x + \lambda y + 5z = 5 \] \[ 4x + 3y + \mu z = 33 \] has infinite solutions, then \( \lambda + \mu \) is equal to
- JEE Main - 2025
- Mathematics
- Miscellaneous
- If the square of the shortest distance between the lines $$ \frac{x-2}{1} = \frac{y-1}{2} = \frac{z+3}{-3} \quad \text{and} \quad \frac{x+1}{2} = \frac{y+3}{4} = \frac{z+5}{-5}, $$ is $ \frac{m}{n} $, where $m, n$ are coprime numbers, then $m+n$ is equal to:
- JEE Main - 2025
- Mathematics
- Miscellaneous
- Find the value of \[ \sin 70^\circ \left( \cot 10^\circ \cot 70^\circ - 1 \right). \]
- JEE Main - 2025
- Mathematics
- Miscellaneous
- What is the shape of the \( \text{ClO}_2^- \) ion according to VSEPR theory?
- JEE Main - 2025
- Chemistry
- Miscellaneous
View More Questions
Questions Asked in CBSE CLASS XII exam
- Explain the following techniques of Scientific Management : (i) Fatigue study (ii) Differential piece wage system (iii) Standardisation and simplification of work
- CBSE CLASS XII - 2025
- Principles of Management
- A small conducting sphere A of radius \( r \) charged to a potential \( V \), is enclosed by a spherical conducting shell B of radius \( R \). If A and B are connected by a thin wire, calculate the final potential on sphere A and shell B.
- CBSE CLASS XII - 2025
- Electric charges and fields
- In a rough sketch, mark the region bounded by \( y = 1 + |x + 1| \), \( x = -2 \), \( x = 2 \), and \( y = 0 \). Using integration, find the area of the marked region.
- CBSE CLASS XII - 2025
- Integration
- Can sodium ethoxide and t-butyl chloride be used for the preparation of t-butyl ethyl ether? Give suitable explanation. Justify your answer by suggesting the appropriate starting material required for preparation of t-butyl ethyl ether.
- CBSE CLASS XII - 2025
- Alcohols, Phenols And Ethers
- State the meaning and significance of Gross Domestic Product (GDP) deflator.
- CBSE CLASS XII - 2025
- National Income Accounting
View More Questions