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  5. Financial Statement Of Company

12th Class Accountancy Financial Statement Of Company Question Bank MCQs - Financial Statements of a Company

  • question_answer
    Which of the following is not the limitation of financial statements?

    A) Ignore qualitative aspects.

    B) Personal bias.

    C) Ignores price level changes.

    D) Provide information about the profitability of the business.

    Correct Answer: D

    Solution :

    [d] Provide information about the profitability of the business.


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