Financial Analysis does not help the users of the financial statements to understand the complicated matters in simplified manner.

True

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

False

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A True
False. Financial Analysis helps the users of the financial statements to understand the complicated matters in a simplified manner. Financial analysis is reviewing and analyzing of financial data, understand the past, present and future projected data.
It gives a useful insight to the users as to what is the condition of the company.

Suggest Corrections

Similar questions

This analysis helps to understand the impact of each item in the financial statement and its contribution to the resulting figure.

What do you understand by analysis and interpretation of financial statements? Discuss its importance.

Join BYJU'S Learning Program