Analysis Questions

The excess value of net assets acquired over the purchase consideration at the time of purchasing a business is credited to which account?

Match List-I with List-II:List-IList-II(A) Comparative Statements(I) These are the statements which indicate the relationship of different items of a financial statement with a common item by expressing each item as a percentage of that common item.(B) Common Size Statements(II) It is a technique of studying the operational results and financial position over a series of years.(C) Trend Analysis(III) It describes the significant relationship which exists between various items of a balance sheet and a statement of profit and loss of a firm.(D) Ratio Analysis(IV) These are the statements showing the profitability and financial position of a firm for different periods of time in a comparative form to give an idea about the position of two or more periods.Choose the correct answer from the options given below:

Which of the following statements are true-(A) The financial statements of a business enterprise include a cash flow statement.(B) Comparative statements are a form of horizontal analysis.(C) Ratio analysis helps a business in identifying problem areas.(D) Financial analysis is used only by creditors.Choose the correct answer from the options given below: