Question :  Which of the following statements is incorrect?

Option 1: Inter-firm comparison becomes easy with the help of financial analysis

Option 2: Past financial statement analysis helps in assessing developments in future, especially in the next year

Option 3: Both 1 and 2

Option 4: None of the above

Question : Which of the following statement is correct with respect of Analysis of Financial Statements?

Option 1: Analysis of Financial Statements is a systematic process of analyzing the financial Information in the financial statements to understand and take economic decisions.

Option 2: Analysis of Financial Statements is a study of relationships among various financial values as set out in the financial statements, i.e., Balance Sheet, Statement of Profit and Loss and Cash Flow Statement.

Option 3: Financial Statement Analysis is largely a study of relationships among the various financial factors in a business,

Option 4: All of the above 

Question : Which of the following statement is correct with respect of Analysis of Financial Statements?

Option 1: Analysis of Financial Statements is a systematic process of analyzing the financial Information in the financial statements to understand and take economic decisions.

Option 2: Analysis of Financial Statements is a study of relationships among various financial values as set out in the financial statements, i.e., Balance Sheet, Statement of Profit and Loss and Cash Flow Statement.

Option 3: Financial Statement Analysis is largely a study of relationships among the various financial factors in a business,

Option 4: All of the above 

Question : ------------analysis is done by the firm to know its borrowing capacity.

Option 1: Securities Analysis

Option 2: Credit Analysis

Option 3: Debt Analysis

Option 4: None of the above

Question : ------------analysis is done by the firm to know its borrowing capacity.

Option 1: Securities Analysis

Option 2: Credit Analysis

Option 3: Debt Analysis

Option 4: None of the above