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Which of the following statement/s are used for financial analysis?


Options:
A .   Statement of Profit and Loss only
B .   Statement of Financial Position i.e. Balance Sheet only
C .   Both :
Statement of Profit and Loss
Statement of Financial Position i.e. Balance Sheet
D .   None of these
Answer: Option D
:
D

Both the Statement of Profit and Loss and Statement of Financial Position i.e. Balance Sheet  are used for financial analysis.



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