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CUET Accountancy 2022 PYQs15 July Shift 2. Free, no login required.

Financial Statements

past year questions, CUET Accountancy 2022 15 July Shift 2

Analysis

past year questions, Financial Statements, CUET Accountancy 2022 15 July Shift 2

Easy

The term Financial Analysis includes

Solution

✅ Correct Option: 3

Financial Analysis is a broad term covering both the systematic classification and simplification of financial data (analysis) and drawing meaningful conclusions from that processed data (interpretation). Without interpretation, mere analysis has limited use, and interpretation requires prior analysis. Hence, Financial Analysis includes both analysis and interpretation.

Related questions:

2025: 16 May Shift 1

Match List-I with List-II

List-IList-II
(A) Statements which indicate the relationship of different items of a financial statement with a common item by expressing each item as a percentage of that common item(I) Trend Analysis
(B) Technique of studying the operational results and financial position over a series of years.(II) Comparative Statements
(C) Statements showing the profitability and financial position of a firm for different periods of time in a comparative form to give an idea about the position of two or more periods(III) Ratio Analysis
(D) Describes the significant relationship which exists between various items of a balance sheet and a statement of profit and loss of a firm(IV) Common-Size Statements

Choose the correct answer from the options given below:

2026: 21 May Shift 2

One of the limitations of financial analysis given below is:

2022: 8 Aug Shift 2

Comparative statements are the form of:

2025: 26 May Shift 2

Arrange the following steps to prepare the Comparative Statements-

(A) List out absolute figures in rupees relating to two points of time

(B) Prepare the format

(C) Find out the change in absolute figures by subtracting the first year from the second year and indicate the change as increase or decrease.

(D) Calculate the percentage change

Choose the correct answer from the options given below:

2025: 24 May Shift 1

Arrange the following outcomes in the correct order for calculating profit and loss in the common-size statement

(A) Net Profit

(B) Non-Operating Income

(C) Revenue from Operations

(D) Profit after tax

Choose the correct answer from the options given below:

2025: 27 May Shift 1

Match List-I with List-II

List-IList-II
(A) Comparative statements(I) Operating Activities
(B) Common Size Statement(II) Horizontal Analysis
(C) Cash flow Analysis(III) Debt Equity Ratio
(D) Ratio Analysis(IV) Vertical Analysis

Choose the correct answer from the options given below:

  1. (A) - (II), (B) - (IV), (C) - (I), (D) - (III)
  2. (A) - (IV), (B) - (II), (C) - (I), (D) - (III)
  3. (A) - (II), (B) - (III), (C) - (IV), (D) - (I)
  4. (A) - (III), (B) - (IV), (C) - (I), (D) - (II)

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CUET Accountancy Past Year Questions (Topic-Wise)