CBSE Class 12 Accountancy Financial Analysis And Tools For Financial Analysis Worksheet

CBSE Class 12 Accountancy Worksheet - Financial Analysis & Tools For Financial Analysis. CBSE issues sample papers every year for students for class 12 board exams. Students should solve the CBSE issued sample papers to understand the pattern of the question paper which will come in class 12 board exams this year. The sample papers have been provided with marking scheme. It’s always recommended to practice as many CBSE sample papers as possible before the board examinations. Sample papers should be always practiced in examination condition at home or school and the student should show the answers to teachers for checking or compare with the answers provided. Students can download the sample papers in pdf format free and score better marks in examinations. Refer to other links too for latest sample papers.

FINANCIAL ANALYSIS & TOOLS FOR FINANCIAL ANALYSIS

MCQ Questions for NCERT Class 12 Accountancy Financial Analysis And Tools For Financial Analysis

Question. Which of the following cannot be identified with the help of comparative Statement of profit and loss?
(a) Rate of increase or decrease in expenses
(b) Rate of increase or decrease in revenue from operation
(c) Rate of increase or decrease in net profit
(d) Rate of increase or decrease in Trade payables

Answer: D

Question. In common size statement of Profit and Loss which figure is assumed to be equal to 100?
(a) Total Assets
(b) Equities and Liabilities
(c) Revenue from Operation
(d) None of the above

Answer: C

Question. In Common size Balance sheet, which figure is assumed to be equal to 100?
(a) Revenue from operation
(b) Net profit
(c) Total expenses
(d) Equities and liabilities

Answer: D

Question. In Common size Balance sheet, which of following figure is assumed to be equal to 100?
(a) Equities and liabilities
(b) Total Assets
(c) Either (a) or (b)
(d) None of the above

Answer: C

Question. Comparative Financial statements means.
(a) To facilitate comparison for two or more Years
(b) To show Financial Position
(c) To compute profit or loss of two or more years
(d) None of the above

Answer: A

Question. Which of the following cannot be identified with the help of comparative Balance Sheet?
(a) Rate of Increase or decrease in share Capital
(b) Rate of increase or decrease in reserve and surplus
(c) Rate of increase or decrease in revenue from operation
(d) Rate of increase or decrease in Trade receivables

Answer: C

Q 1 What do you mean by “Analysis of financial statements’. How does it differ from int interpretation of financial statements?

Q 2 Explain

(i) Vertical analysis

(ii) Horizontal analysis

Q 3 Why are the following parties interested in analysis of financial statements:

(i) Shareholders

(ii) Employees

(iii) Regulatory authority

(iv) Creditors

(v) management.

Q 4 List the objectives of financial analysis. Explain the advantages & limitations of financial analysis.

TOOLS FOR FINANCIAL ANALYSIS

Q 1 List the tools of financial analysis & briefly explain them.

Q 2 What constitutes financial statements? Explain Intra firm & Inter firm comparision

Q 3 State the difference between comparative statement & common size statement.

Q 4 State any two objectives of comparative financial statements.

RATIOS

Q 1 Define ‘Ratios’.

Q 2 What is meant by Cross sectional analysis , Time series analysis , & Benchmarks.

Q 3 What are the different ways in which ratios can be expressed?

Q 4 List the advantages & disadvantages of ratio analysis.

Q 5 List the significance of the following ratios:

Liquidity ratios , Solvency ratios , Profitability ratios & Turnover ratios 

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