..is the process of identifying the financial strengths and weakness o – McqOptions

MCQOPTIONS

1.	..is the process of identifying the financial strengths and weakness of the firm by properly establishing relationship between the items of balance sheet and Profit and Loss Account
A.	financial statements
B.	financial analysis
C.	trend analysis
D.	all of these
Answer» C. trend analysis

Discussion

No Comment Found

Related MCQs

.is concerned with recording transactions and preparing financial reports for the external and internal users of accounting.
The Branch of accounting concerned with collection, determining and controlling cost of products and services is called
is concerned with providing information to management for taking managerial decisions.
.is the art of recording, classifying and summarizing in a significant manner and in terms of money, transactions and events, which are in part, at least of financial character and interpreting the results there of.
Management accounting provides invaluable services to Management in performing ..
Accounting designed to serve parties external to the operating responsibility of the firm is termed as .
.is the amount of expenditure [actual or notional] incurred on or attributable to a given thing.
..is the process of accounting for cost which includes the application of cost control methods and ascertainment of profitability of activities
explains what has happened to a business unit as a result of operations between two balance sheet dates.
In ..type of analysis , financial statements for a number of years are reviewed and analyzed.