_______ are necessary for the study of trends and direction of movements in the financial position and operating results of a concern.

CS Executive · Cost and Management Accounting · PYQS · December 2015
_______ are necessary for the study of trends and direction of movements in the financial position and operating results of a concern.
(A) Trend ratios
(B) Cash flow statements
(C) Common size statements
(D) Comparative statements.

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Financial Statement Analysis

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