English

For whom analysis of Financial Statement is not significant?

Advertisements
Advertisements

Question

For whom analysis of Financial Statement is not significant?

Options

  • GST officer

  • Police officer

  • Shareholders

  • Employee of the Company

MCQ
Advertisements

Solution

Police officer

Explanation:

Financial statement analysis is highly significant for shareholders to evaluate investment returns, for GST officers to verify tax compliance and sales data, and for employees to judge job security and bonuses. In contrast, a police officer handles law enforcement and criminal investigations, which do not require assessing a company’s operational efficiency, financial ratios, or liquidity positions. Therefore, this analysis holds no direct significance for them.

shaalaa.com
  Is there an error in this question or solution?
Chapter 2: Financial Statement Analysis - QUESTIONS [Page 2.9]

APPEARS IN

TS Grewal Accountancy Analysis of Financial Statements [English] Class 12
Chapter 2 Financial Statement Analysis
QUESTIONS | Q 13. | Page 2.9
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×