Question

Which of the following is not a limitation of analysis of financial statements?
1 Affected by personal bias
2 To know the financial strength
3 Lack of Qualitative Analysis
4 Based on accounting concepts

Answer 1

Answer:

may be 3rd is ryt ansr ...

Answer 2

MATE HERE IS YOUR ANSWER...

Financial statements of a company as useful as they are have a few limitations as well. They are prepared on historical cost as all the assets of the company are recorded at the cost.

So the correct answer is 3 option