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Accountancy · 2024 · 1 mark
CBSE 2024 · Region 3 · Set 3 · Q27
Which of the following tools of 'Analysis of Financial Statements' indicate the trend and direction of financial position and operating results?
Which of the following tools of 'Analysis of Financial Statements' indicate the trend and direction of financial position and operating results ?
_____________ indicate the speed at which activities of the business are being performed.
Official answer
(a) → (A)
(b) → (B)
Marking-scheme solution
(A)
-- Comparative Statements.
OR
(b)
Q. indicates the speed at which ………………………….
Ans. (B) -- Turnover Ratios.
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CBSE Class 12 Accountancy past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.