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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 1 · Set 1 · Q27
Which of the following equations is correct:
Which of the following equations is correct :
Which of the following is a tool of Analysis of Financial Statements : (i) Cash Flow Statement (ii) Statement of Profit and Loss (iii) Notes to Accounts (iv) Balance Sheet Choose the correct option :
Official answer
(a) → (D)
(b) → (A)
Marking-scheme solution
(d)
Cost of Revenue from Operations = Revenue from Operations – Gross Profit
OR
Q. (ii) Which of the following is a tool ………..
Ans (a) (i)
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CBSE Class 12 Accountancy past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.