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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 ?OR_____________ indicate the speed at which activities of the business are being performed.
OR
_____________ indicate the speed at which activities of the business are being performed.Official answer
From CBSE’s own marking scheme for this paper.
(a) → (A)
(b) → (B)
Marking-scheme solution
-- Comparative Statements.
Q. indicates the speed at which ………………………….
Ans. (B) -- Turnover Ratios.
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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.