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प्रश्न
State whether the following is True or False:
In a Common size statement each item is expressed as a percentage of some common base.
चूक किंवा बरोबर
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उत्तर
This statement is true.
Explanation:
In a common‑size statement, each item is shown as a percentage of a single common base (for example, revenue/net sales for the income statement or total assets for the balance sheet), which standardises the figures so they can be compared across periods or between firms.
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