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Standard XII
Accountancy
Need for Analysis of Financial Information
What is quali...
Question
What is qualitative analysis?
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Solution
Qualitative analysis:
Qualitative analysis is the study of hypothetical and ambiguous information that can be difficult to collect and measure.
It tends to be inductive rather than deductive, and it is non-numerical data—this type of data is usually analyzed by setting relevant hypotheses.
Step of qualitative analysis:
Method selection.
Sampling.
Solution preparation.
Sample pre-treatment.
Analytical measurement.
calculation of the analytical result.
Statistical evaluation of the result.
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Need for Analysis of Financial Information
Standard XII Accountancy
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