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12th Standard Accounts Financial Statement Analysis English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021

Published on: 06/11/2020

Download Tamil Nadu 12th Standard Accountancy question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.

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Std: 12th Standard - Accountancy

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Questions:

Multiple Choice Question

10 x 1 = 10

_______________ analysis helps in assessing the liquidity and solvency of a business concern.

(a)

Fund flow

(b)

Trend

(c)

Cash flow

(d)

None of these

_____________ refers to the tendency of movement

(a)

Ratio

(b)

Trend

(c)

Both 'a' and 'b'

(d)

None of these

Match List I with List II and Select the Correct Answer using the Codes given below.

	List I		List II
(i)	Comparative statement	1.	Tendency of movements
(ii)	Common size statements	2.	Working capital
(iii)	Trend analysis	3.	Previous years
(iv)	Funds flow analysis	4.	Different periods of time

(a)

(i)	(ii)	(iii)	(iv)
4	3	1	2

(b)

(i)	(ii)	(iii)	(iv)
1	2	3	4

(c)

(i)	(ii)	(iii)	(iv)
2	3	4	1

(d)

(i)	(ii)	(iii)	(iv)
3	1	2	4

Which of the following are techniques, tools or methods of analysis and interpretation of financial statements?

(a)

Ratio analysis

(b)

Average analysis

(c)

Trend analysis

(d)

An of the above

When figure relating to several years are considered for the purpose of analysis, the analysis is called ______________

(a)

Horizontal analysis

(b)

Vertical analysis

(c)

Trend analysis

(d)

Cash flow analysis

Different tools are used for analysing the _____________

(a)

balance sheet

(b)

financial statement

(c)

income statement

(d)

none of these

Expenses for a business for the first year were Rs. 80,000. In the second year, it was increased to Rs. 88,000. What is the trend percentage in the second year?

(a)

10 %

(b)

110 %

(c)

90 %

(d)

11%

A limited company’s sales has increased from Rs.1,25,000 to Rs.1,50,000. How does this appear in comparative income statement?

(a)

+ 20 %

(b)