Question

which one of the following items is not a method or tool of analysis of financial statement?
a. ratio analysis
b. cash flow statement
c. statement of profit and loss
d. comparative statement

Answer 1

Answer:

Option : C, Statement of Profit and Loss

Explanation:

Among the four options given in question statement, profit or loss statement is not a tool, it is basically a financial statement also known as the income statement. It basically lists the costs and revenues that have been incurred in a fixed period of time.

The rest of the three techniques are actually tools that are used to analysis a financial statement

Answer 2

Answer:

c statement of profit and loss