Comparison of financial variables of a firm over a period of time is known as-------------- a) Comparative b) Common-size c) Trend analysis d) None of the above Answer : c) Trend analysis...
Disclose accounting information a) Balance sheet b) Trading account c) Profit and Loss Account d) Financial statements Answer : d) Financial statements...
---------------- establishes the relationship of different individual items which same common items a) Common size statements b) Comparative statements c) Trend analysis d) Comparative Income Statement Answer : a) Common size statements...
A control system where accountability is established with responsibility is known as -------------- a) Cost accounting b) Responsibility accounting c) Financial accounting d) None of the above Answer : b) Responsibility accounting...
Expressed as a percentage of each asset to total a) Common size P/L A/C b) Common size Balance Sheet c) Comparative Income Statement d) Trend analysis Answer : b) Common size Balance Sheet...
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