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 : 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

Question : This statement shows the absolute and relative changes in the final position for both current & previous year. Name it ——–.

Option 1: Comparative statement

Option 2: Balance sheet

Option 3: Cash flow statement

Option 4: Common size statement

Question : Statement 1: Changes in government spending affect aggregate demand.

Statement 2: Changes in the money supply affect aggregate supply.

Which statement is correct?

Option 1: Only Statement 1
 

Option 2: Only Statement 2
   

Option 3: Both Statement 1 and Statement 2

Option 4: Neither Statement 1 nor Statement 2

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.