Financial Statements

Analysis

Easy

Comparative Statements are also known as:

Dynamic analysis

Horizontal Analysis

Vertical Analysis

External Analysis

✅ Correct Option: 2

Comparative Statements show financial data for two or more periods side by side, enabling comparison across time. This is known as Horizontal Analysis. Vertical Analysis is associated with Common Size Statements (single period, items as % of a base).

2022: 8 Aug Shift 2

Horizontal analysis is known as:

2025: 14 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Comparative Statements	(I) It describes the significant relationship which exists between various items of a balance sheet and a statement of profit and loss of a firm.
(B) Common Size Statements	(II) It is a technique of studying the operational results and financial position over a series of years.
(C) Trend Analysis	(III) These are the 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.
(D) Ratio Analysis	(IV) These are the statements showing the profitability and financial position of a firm for different periods of time.

Choose the correct answer from the options given below:

2022: 20 Aug Shift 2

In common size statement, if revenue from operations are Rs. 23,00,000 and other incomes are Rs. 3,00,000, then the percentage of 'Total Revenue from Operations' to 'Revenue from operations' will be:

2025: 15 May Shift 1

From the following details, calculate net profit before tax:

Net Profit after tax is Rs. 50,000;

15% Long-term debt 12,00,000;

Tax rate 20%.

2025: 13 May Shift 1

Match List-I with List-II

List-I	List-II
(A) Comparative Statements	(I) These are the 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.
(B) Common Size Statements:	(II) It is a technique of studying the operational results and financial position over a series of years.
(C) Trend Analysis	(III) It describes the significant relationship which exists between various items of a balance sheet and a statement of profit and loss of a firm.
(D) Ratio Analysis	(IV) These are the 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.

Choose the correct answer from the options given below:

2025: 15 May Shift 2

What is the percentage change in share capital

Comparative Statements are also known as:

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