Interpreting Financial Statements means:
1 point
(a) Methodical classification of the data given in the financial statements.
(b) Preparation and presentation of the classified data in a manner useful to the users of financial statements.
(c) Systematic analysis of the recorded data so as to put information in usable form.
(d) Explaining the meaning and significance of the relationship of analysis of accounting data
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method ical classification
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