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Tamilnadu Samacheer Kalvi twelfth Accountancy Possibilities Section 8 Statement of finance Research
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Samacheer Kalvi twelfth Accountancy Statement of finance Research Text-book Straight back Inquiries and Answers
Question step one. Hence of after the comments isn’t genuine? (a) Notes and you will dates along with setting element of financial comments (b) The tools away from financial statement investigation were preferred – size declaration (c) Development analysis refers to the examination of movement regarding figures having 1 year (d) The average – size comments let you know the partnership of various activities with common feet, expressed since the percentage of the common ft Respond to: (c) Trend analysis is the examination of path off data to own 1 year
Matter 2. Harmony sheet provides facts about the latest financial position out of a corporate concern ……………… (a) During a period of go out (b) Because towards a particular go out (c) To have an occasion (d) On accounting months Address: (b) Because the with the a specific date
Matter step three. And therefore of the following tools out of statement of finance research is acceptable whenever analysis based on ten years are to be analysed? (a) Cashflow declaration (b) Preferred proportions report (c) Comparative declaration (d) Development data Respond to: (d) Development studies
Question 4. The new monetary comments don’t display ……………… (a) Low – monetary investigation (b) Earlier in the day research (c) Short term analysis (d) Lasting study Respond to: (a) Low – economic study
Question 5. And that of the following isn’t a tool out-of statement of finance study? (a) Pattern data (b) Prominent dimensions statement (c) Relative statement (d) Practical charging Answer: (d) Simple charging
Question 6. The definition of ‘fund’ identifies ……………… (a) Newest liabilities (b) Working capital (c) Fixed assets (d) Non – latest assets Respond to: (b) Working capital
Matter seven. And this of your own adopting the statements is not true? (a) The limitations out-of economic statements can be applied to help you financial statement studies and additionally. (b) Financial record studies is just the means and not an-end. (c) Expert knowledge isn’t needed inside the analysing the new monetary comments. (d) Translation of analysed research relates to individual judgement. Answer: (c) Professional training isn’t needed in the examining the new economic statements
Matter 8. A restricted businesses conversion process has grown from ? 1,twenty-five,100 so you’re able to? step 1,50,one hundred thousand. How come it come in relative earnings declaration? (a) + 20% (b) + 120% (c) – 120 % (d) – 20 % Answer: (a) + 20 %
Matter 9. In a familiar-proportions harmony piece, in the event the percentage of low – latest assets was 75, what can function as the percentage of latest possessions? (a) 175 (b) 125 (c) twenty-five (d) 100 Respond to: (c) twenty five
Concern ten. Expenditures of a business for the first 12 months had been ? 80,000. Regarding the second 12 months, it absolutely was increased to ? 88,one hundred thousand. What is the pattern fee on the 2nd year? (a) 10% (b) 110% (c) 90% (d) 11% Answer: (b) 110 %
Matter step 1. Which are the financial statements? Answer: Monetary statements are the comments made by the firm inquiries on the conclusion the brand new accounting months to look for the operating show additionally the financial position. The essential financial comments served by business inquiries are definitely the earnings comments and you will harmony sheets.