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Accountancy · 2026 · 1 mark
CBSE 2026 · Region 2 · Set 3 · Q27
In common size income statement, each item is expressed as a percentage of.
In common size income statement, each item is expressed as a percentage of .
The statements which are useful both in intra firm comparison over different years and also in inter firm comparison for the same year or for several years are known as :
Official answer
(a) → (C)
(b) → (B)
Marking-scheme solution
(C)
Revenue from Operations
OR
Q. (b) The statements which are useful both……
Ans. (B) Common size statement
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CBSE Class 12 Accountancy past-paper question from the 2026 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.