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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 2 · Set 3 · Q30
Which of the following is not an objective of 'Analysis of Financial Statements' ?OR________ is also known as Acid-Test Ratio.
OR
________ is also known as Acid-Test Ratio.Official answer
From CBSE’s own marking scheme for this paper.
(a) → (C)
(b) → (B)
Marking-scheme solution
(C)
To consider the impact of price level changes.
Q.(ii)__________is also known as................................
Ans. (B) Quick Ratio
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CBSE Class 12 Accountancy past-paper question from the 2024board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.