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प्रश्न
State whether the following statement is True or False.
Analysis of data provided in the financial statements is termed as financial analysis.
सत्य या असत्य
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उत्तर
This statement is true.
Explanation:
Financial analysis (or financial statement analysis) is the process of examining, classifying and comparing the data contained in a firm’s financial statements to present complex figures in a simple form and to assess aspects like liquidity, solvency and profitability.
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