Maharashtra State BoardHSC Commerce 12th Board Exam
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Government is Not Interested in the Analysis of Financial Statement. - Book Keeping and Accountancy

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Government is not interested in the analysis of financial statement.
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Solution

False
 
Explanation: It is incorrect to say that government is not interested in the analysis of financial statements. The government uses these statements to study the profit margins and the trends to provide concessions/subsidies or to withdraw or increase/decrease excise and other duties.
Concept: Concept of Financial Statement Analysis
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