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Accountancy · 2023 · 1 mark
CBSE 2023 · Region 2 · Set 3 · Q28
Which of the following is a tool of Analysis of Financial Statements ?ORratios are calculated to determine the ability of the business to service its debt in the long run.
OR
ratios are calculated to determine the ability of the business to service its debt in the long run.Official answer
From CBSE’s own marking scheme for this paper.
(a) → (B)
(b) → (B)
Marking-scheme solution
(b)
Ratio Analysis
Or
Q. __________ratios are…………………………………………………..
Ans. (b) Solvency
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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.