Match List-I with List-II, List-I, List-II, (A) 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., (I) Common Size Statements, (B) It summarises the causes for the changes in cash position of a business enterprise between dates of two balance sheets., (II) Comparative Statements, (C) 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., (III) Ratio Analysis, (D) It describes the significant relationship which exists between various items of a balance sheet and a statement of profit and loss of a firm., (IV) Cash Flow Analysis, Choose the correct answer from the options given below:

Question

Match List-I with List-II | List-I | List-II | |---|---| | (A) 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. | (I) Common Size Statements | | (B) It summarises the causes for the changes in cash position of a business enterprise between dates of two balance sheets. | (II) Comparative Statements | | (C) 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. | (III) Ratio Analysis | | (D) It describes the significant relationship which exists between various items of a balance sheet and a statement of profit and loss of a firm. | (IV) Cash Flow Analysis | Choose the correct answer from the options given below:

Accepted Answer

(A) - (II), (B) - (IV), (C) - (I), (D) - (III)

Answer

(A) - (I), (B) - (II), (C) - (III), (D) - (IV)

Answer

(A) - (II), (B) - (I), (C) - (III), (D) - (IV)

Answer

(A) - (III), (B) - (IV), (C) - (I), (D) - (II)

List-I	List-II
(A) 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.	(I) Common Size Statements
(B) It summarises the causes for the changes in cash position of a business enterprise between dates of two balance sheets.	(II) Comparative Statements
(C) 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.	(III) Ratio Analysis
(D) It describes the significant relationship which exists between various items of a balance sheet and a statement of profit and loss of a firm.	(IV) Cash Flow Analysis

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