NCERT Class 12 Accountancy MCQ : Analysis of Financial Statements
Delve into the realm of financial acumen with our MCQs page dedicated to the ‘Analysis of Financial Statements.’ Curated from a diverse array of previous year papers, including esteemed sectors such as UPSC IAS and more, this resource invites you to unravel the intricacies of financial statements and master the art of financial analysis.
These Multiple Choice Questions are meticulously crafted to challenge and enhance your understanding of the tools, techniques, and interpretations involved in dissecting financial statements. Whether you’re a finance enthusiast or preparing for competitive exams, these questions offer a strategic approach to mastering the critical skill of financial statement analysis.
Prepare confidently for exams with questions sourced from various sectors, ensuring a well-rounded grasp of the nuances involved in evaluating a company’s financial health. Each MCQ serves as a key to unlocking insights into financial ratios, trends, and performance indicators, mirroring the depth of knowledge required for success in competitive examinations.
Immerse yourself in the study of the ‘Analysis of Financial Statements,’ confident in your ability to navigate through MCQs that mirror the complexities of this crucial financial discipline. Our resource, drawn from previous year papers, acts as a roadmap for exam success, offering both knowledge enrichment and strategic insights
NCERT Class 12 Accountancy : Analysis of Financial Statements MCQ – NCERT Class 12 MCQ
Question:
Interpretation of Financial Statements includes:
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B
C
D
Question:
Horizontal Analysis is also known as :
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B
C
D
Question:
Vertical Analysis is also known as :
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B
C
D
Question:
Comparative Statements are also known as :
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B
C
D
Question:
Common-size Statement are also known as:
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B
C
D
Question:
The most commonly used tools for financial analysis are:
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B
C
D
Question:
The analysis of financial statement by a shareholder is an example of:
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B
C
D
Question:
For calculating trend percentages any year is selected as:
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B
C
D
Question:
Tools for comparison of financial statements are :
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B
C
D
Question:
Trend ratios and trend percentage are used in
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B
C
D
Question:
Comparative Financial Statements show:
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B
C
D
Question:
Comparative financial analysis process shows the comparison between the items of which statement:
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B
C
D
Question:
Which of these are not the method of financial statement analysis ?
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B
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D
Question:
Common-size financial statements are mostly prepared:
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B
C
D
Question:
Tangible assets of company increased from T 4,00,000 to T 5,00,000. What is the percentage of change ?
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B
C
D
Question:
A company’s shareholders fund was 7 8,00,000 in the year 2015. It because 7 12,00,000 in the year 2016. What is percentage of change ?
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B
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D
Question:
A company’s net sales are ₹ 15,00,000; cost of sales is ₹ 10,00,000 and indirect expenses are ₹ 3,00,000, the amount gross profit will be:
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B
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D
Question:
Sales less Cost of goods sold is called
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B
C
D
Question:
If total assets of a firm are 7 12,00,000 and its non of non-current assets to total assets ?
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B
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D
Question:
If total assets of a firm are 7 10,00,000 and its non-current assets are 7 6,00,000, what will be the percentage of current assets on total assets ?
