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Financial Statement Analysis 3 Mark Creative Question Paper With Answer Key

12th Standard

    Reg.No. :
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Accountancy

Time : 01:00:00 Hrs
Total Marks : 30

    3 Marks

    10 x 3 = 30
  1. What are the features of financial statements?

  2. What are the significance of financial statements?

  3. What are the objectives of financial statement analysis?

  4. Briefly explain any three limitations of financial statement analysis. S. A

  5. Write a short note on
    a) Comparative statement
    b) Common-size statement

  6. Write a note on
    i) Horizontal analysis
    ii) Vertical analysis

  7. What are the objectives of financial statement analysis?

  8. What are uses of financial statement?

  9. What are the features of financial statements?

  10. From the follwing particulars, prepare comparative income statement of Mary Co.Ltd.

    Particulars 2015 - 16(Rs.) 2016 - 17(Rs.)
    Revenue from operations 4,00,000 5,00,000
    Opereating expenses   2,00,000 1,80,000
    Income tax (profit before tex iit percentage) 20% 50%

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