CBSE Class 12 Analysis of Financial Statements Multiple Choice Questions with Answers. MCQ Questions Class 12 Analysis of Financial Statements with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 12 Analysis of Financial Statements with Answers to know their preparation level.
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MCQ Questions Class 12 Analysis of Financial Statements with Answers - Set - 5
Question 1:Â
Which analysis is based only on one year’s data :
(A) Cash Flow Statement
(B) Dividend Analysis
(C) Vertical Analysis
(D) Horizontal Analysis
Correct Answer – (C)
Question 2:Â
Which analysis is considered as dynamic :
(A) Horizontal Analysis
(B) Vertical Analysis
(C) Internal Analysis
(D) External Analysis
Correct Answer – (A)
Question 3:Â
Which of the following is a type of Financial Analysis on the basis of material used ?
(a) Internal Analysis
(b) External Analysis
(c) Internal Audit
(d) Both (a) and (b)
Correct Answer – (D)
Question 4:Â
When Financial Statements of two or more organisations are analysed, it is called :
(a) Intra-firm Analysis
(b) Inter-firm Analysis
(c) Vertical Analysis
(d) None of these
Correct Answer – (B)
Question 5:Â
Which Of the following is limitation of financial analysis ?
(a) Window-dressing
(b) Basis of Valuation
(c) Lack of Accuracy
(d) All the above
Correct Answer – (D)
MCQ Questions Class 12 Analysis of Financial Statements With Answers
Question 6:Â
Which analysis is considered as static :
(A) Horizontal Analysis
(B) Vertical Analysis
(C) Internal Analysis
(D) External Analysis
Correct Answer – (B)
Question 7:Â
Feature of financial analysis is to present the data contained in financial statements in
(A) Easy form
(B) Convenient and rational groups
(C) Comparable form
(D) All of the Above
Correct Answer – (D)
Question 8:Â
Which of the following statement correct ?
(a) Retained Earnings = Total Income
(b) Retained Earnings = Revenue-expenses
(c) Retained Earnings = Gross Profit
(d) None of the above
Correct Answer – (B)
Question 9:Â
Which of the following is not the limitations of financial analysis ?
(a) Lack of Accuracy
(b) Based on Historical facts
(c) Basis of Valuation
(d) Information of Profit and Loss
Correct Answer – (D)
Question 10:Â
On the basis of process, which of the following is the type of financial analysis ?
(a) Horizontal Analysis
(b) Vertical Analysis
(c) Ratio Analysis
(d) (a) and (b) both
