Question
Accountancy Question on Financial Statement Analysis
Identify the limitations of financial statements:
A. Can be biased
B. Report on stewardship function
C. Aggregate information
D. Only interim reports
E. Basis of fiscal policies
Choose the correct answer from the options given below:
A
A, C, B only
B
A, C, D only
C
E, A, D only
D
B, A, C only
Answer
A, C, D only
Explanation
Solution
The correct option is (B): A, C, D only