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Question
Which of the following statement is not true?
Options
All the limitations of financial statements are applicable to financial statement analysis also.
Financial statement analysis is only the means and not an end.
Expert knowledge is not required in analyzing the financial statements
Interpretation of the analysed data involves personal judgment.
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Solution
Expert knowledge is not required in analyzing the financial statements
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| Rs. | |
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| 10% Debentures | 3,000 |
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