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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 5 · Set 1 · Q27
Which of the following are not tools of Financial Analysis ? (i) Cash Flow Statement (ii) Income Statement (iii) Balance Sheet (iv) Ratio AnalysisORWhich one of the following statement is incorrect ?
OR
Which one of the following statement is incorrect ?Official answer
From CBSE’s own marking scheme for this paper.
(a) → (C)
(b) → (B)
Marking-scheme solution
(C)
--
OR
(b) Q. Which one of the following statement ………………………….Ans. (B) -- Current ratio is also known as Acid Test Ratio
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CBSE Class 12 Accountancy past-paper question from the 2023board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.