Match List I with List II | LIST I | LIST II | |---|---| | A. Horizontal Analysis | I. Common size statement | | B. Vertical Analysis | II. Comparative statement | | C. External Analysis | III. Access to all published and unpublished information | | D. Internal analysis | IV. Access only to published information | Choose the correct answer from the options given below:

Question

Option 1: A-I, B-II, C-III, D-IV

Option 2: A-II, B-I, C-III, D-IV

Option 3: A-II, B-I, C-IV, D-III

Option 4: A-III, B-IV, C-I, D-II

AfterBoards · Accepted Answer

The answer is 'A-II, B-I, C-IV, D-III'. View full solution:

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.

CUET Accountancy 2023 20 June Shift 2 PYQs

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