1. The analysis & interpretation of Financial Statement will reveal ___________
a) Profitability b) Financial position c) Both d) None
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c. both
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The correct answer is OPTION C: Both.
- Financial performance, in a broad sense, refers to how well financial goals are being reached or have been fulfilled, and it's an important aspect of risk management.
- It's the process of calculating a company's policies and activities' monetary outcomes.
- It can be used to compare similar businesses within a given industry or to compare entire industries or sectors.
- Financial performance analysis is the process of analyzing and evaluating financial information to undertake a comprehensive assessment of a company's profitability and financial health.
- The financial analyst program teaches the fundamentals of financial analysis.
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