✓ Board-verified
Accountancy · 2023 · 1 mark
CBSE 2023 · Region 5 · Set 3 · Q28
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
More from Analysis of Financial Statements
- From the following information, prepare a Comparative Statement of Profit and Loss of X Ltd. for the year…2025
- Which of the following is not an objective of 'Analysis of Financial Statements'? OR is also known as…2024
- The following information was extracted from the Statement of Profit and Loss of Chaman Ltd. for the year…2026
- is not a tool of 'Analysis of Financial Statements'. OR In 'Common size income statement' each item is…2025
- From the following information, prepare a Comparative Statement of Profit and Loss for the year ended 31"…2025
- From the following Balance Sheets of Bijoy Ltd. as at 31st March 2024 and 2025, prepare a Comparative Balance…2026
- The tool of 'Analysis of Financial Statements' which helps to assess the profitability, solvency and…2024
- From the following Balance Sheet of Nayak Ltd. prepare a Comparative Balance Sheet: Balance Sheet of Nayak…2025
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.