Question : ------------------involves the comparison of a firm’s ratios with that of some selected firms in the same industry or industry average at the same point of time. Such a comparison is helpful in assessing the relative financial position and performance of the firm.

Option 1: Time – series analysis 

Option 2: Cross-sectional analysis 

Option 3: Ratio 

Option 4: None of the above 

Question : When comparison is to compare a firm’s present ratios with its past ratios. When ratios of the same firm over a period of time are compared, it is known as the 

Option 1: Cross – sectional analysis 

Option 2: Time–series analysis 

Option 3: Ratio 

Option 4: None of the above 

Question : When comparison is to compare a firm’s present ratios with its past ratios. When ratios of the same firm over a period of time are compared, it is known as the 

Option 1: Cross – sectional analysis 

Option 2: Time–series analysis 

Option 3: Ratio 

Option 4: None of the above 

Question : Which of the following statements is true?

Option 1: The ratio analysis involves comparison for a useful interpretation of financial statements.

Option 2: A single ratio in itself does not indicate a favourable or unfavourable position. 

Option 3: It should be compared with that of some other firm in the same industry or with that of past ratios of the same firm.

Option 4:  All of the above 

Question : Which of the following statements is true?

Option 1: The ratio analysis involves comparison for a useful interpretation of financial statements.

Option 2: A single ratio in itself does not indicate a favourable or unfavourable position. 

Option 3: It should be compared with that of some other firm in the same industry or with that of past ratios of the same firm.

Option 4:  All of the above