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CUET Accountancy 2023 PYQs20 June Shift 2. Free, no login required.

Financial Statements

past year questions, CUET Accountancy 2023 20 June Shift 2

Analysis

past year questions, Financial Statements, CUET Accountancy 2023 20 June Shift 2

Easy

Which of the following item is not a tool of financial statement analysis?

Solution

✅ Correct Option: 2

Statement of Profit and Loss is itself a financial statement, not a tool of analysis. Tools of analysis include comparative statements, common size statements, trend analysis, ratio analysis and cash flow statement.

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CUET Accountancy Past Year Questions (Topic-Wise)