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CUET Accountancy 2026 PYQs6 June Shift 1. Free, no login required.

Financial Statements

past year questions, CUET Accountancy 2026 6 June Shift 1

Analysis

past year questions, Financial Statements, CUET Accountancy 2026 6 June Shift 1

Easy

Financial Statements

Comparative analysis is also known as ________ analysis.

Solution

✅ Correct Option: 2

Comparative statements compare financial data of two or more periods side by side, showing absolute and percentage changes across time. Such inter-period comparison is called horizontal analysis, whereas common-size analysis is known as vertical analysis.

Related questions:

2022: 8 Aug Shift 2

The main objective of common size statement of profit and loss is:

2026: 24 May Shift 1

Match List-I with List-II

List-IList-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:

2025: 13 May Shift 1

Excess value of net assets over purchase consideration at the time of purchase of business is credited to

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Which one of the following is not a tool for analyzing financial statements?

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Horizontal analysis is known as:

2025: 13 May Shift 2

Choose the correct statements -

(A) The financial statements of a business enterprise include cash flow statements.

(B) Common size statements and financial ratios are the two tools employed in vertical analysis.

(C) Financial analysis helps an analyst to arrive at a decision.

(D) Comparative statements are the form of vertical analysis.

Choose the correct answer from the options given below:

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