TN State Board Samacheer Kalvi Online Test for 12th Std - Accountancy - English - Financial Statement Analysis

Question 1 Of 10

Which of the following tools of financial statement analysis is suitable when data relating to several years are to be analysed?

Cash flow statement Common size statement Comparative statement Trend analysis

Question 2 Of 10

Expenses for a business for the first year were ₹ 80,000. In the second year, it was increased to ₹ 88,000. What is the trend percentage in the second year?

10% 110% 90% 11%

Question 3 Of 10

The term fund’ refers to

Current liabilities Working capital Fixed assets Non-current assets.

Question 4 Of 10

Which of the following statement is not true?

All the limitations of financial statements are applicable to financial statement analysis also. Financial statement analysis is only the means and not an end. Expert knowledge is not required in analyzing the financial statements Interpretation of the analysed data involves personal judgment.

Question 5 Of 10

Which of the following is not a tool of financial statement analysis?

Trend analysis Common size statement Comparative statement Standard costing

Question 6 Of 10

The financial statements do not exhibit

Non-monetary data Past data Comparative statement Standard costing

Question 7 Of 10

A limited company’s sales have increased from ‘ 1,25,000 to 1,50,000. How does this appear in the comparative income statement?

+20% +120% -120% -20%

Question 8 Of 10

Which of the following statements is not true?

Notes and schedules also form part of financial statements. The tools of financial statement analysis include common -size statement Trend analysis refers to the study of movement of figures for one years The common-size statements show the relationship of various items with some common base, expressed as percentage of the common base.

Question 9 Of 10

…………………………. are the tools of financial analaysis

Comparative statements Trend analysis Common size statement all the above

Question 10 Of 10

In a common-size balance sheet, if the percentage of non-current assets is 75, what would be the percentage of current assets?

175 125 25 100

Tamil Nadu State Board ( Samacheer Kalvi ) Online Test based on Book Back Questions - 12th Standard Accountancy - English Medium - Financial Statement Analysis

Samacheer Kalvi 12th Accountancy - Financial Statement Analysis - Book Back Questions in English Medium