Question : Select the correct statement:
Option 1: Comparative Statements show the changes in Percentages.
Option 2: Comparative Statements show the changes in Absolute amounts.
Option 3: Comparative Statements show the changes in Ratio.
Option 4: Both 1 and 2
Correct Answer: Both 1 and 2
Solution : Answer = Both 1 and 2
Comparative statements can show changes in percentages as well as absolute amounts. Percentages help in understanding the relative change, while absolute amounts provide a clearer picture of the actual change in monetary terms. Therefore, comparative statements can present changes in both percentages and absolute amounts for analysis. Hence, the correct option is 4.
Question : The changes in comparative statement are shown in _______.
Option 1: Pecentages
Option 2: Absolute amounts
Option 3: Both (1) and (2)
Option 4: Ratios
Question : Statement 1: Planning helps organizations adapt to changes.
Statement 2: Planning reduces the need for flexibility.
Option 1: Statement 1 correct, Statement 2 incorrect.
Option 2: Statement 1 incorrect, Statement 2 correct.
Option 3: Both statements are correct.
Option 4: Both statements are incorrect.
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