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Question
Pick up the correct statement regarding financial statement analysis from the following.
Options:
A .  Final analysis always involves the use of various financial statements i.e., balance sheet and income statement
B .  The balance sheet is the summary of assets, liabilities and owner's equity of business at a point in time
C .  The income statement is the summary of revenues and expenses of a firm over a particular period of time
D .  All the above
Answer: Option D

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