MCQOPTIONS
Saved Bookmarks
| 1. |
Pick up the correct statement regarding financial statement analysis from the following. |
| A. | Final analysis always involves the use of various financial statements i.e., balance sheet and income statement. |
| B. | The balance sheet is the summary of assests, liabilities and owner's equity of business at a point in time. |
| C. | The income statement is the summary of revenues and expenses of a firm over a particular period of time. |
| D. | All the above |
| Answer» E. | |