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Which objective is not fulfilled by comparative financial statement? - Accounts

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Question

Which objective is not fulfilled by comparative financial statement?

Options

  • Indicate the extent of change in assets and liabilities.

  • Indicate the extent of change in items of statement of pofit & loss.

  • Show effect of operative activities on assets and liabilities.

  • Show the direction of change in assets and liabilities.

MCQ
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Solution

Show effect of operative activities on assets and liabilities.

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Chapter 11: Tools for Financial Analysis : Comparative Statements - OBJECTIVE TYPE QUESTIONS [Page 11.46]

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D. K. Goel Accountancy Volume 1 and 2 [English] Class 12 ISC
Chapter 11 Tools for Financial Analysis : Comparative Statements
OBJECTIVE TYPE QUESTIONS | Q A. 26. | Page 11.46
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