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Model Paper 2 — Accountancy STD 12 Commerce — Question

CBSE BoardEnglish MediumSTD 12 CommerceAccountancyModel Paper 21 Mark
MCQ
Which objective is useful for the external users of financial statements?
  • A
    Assessing the Managerial Efficiency
  • B
    Inter-firm Comparison
  • C
    Assessing the Short-term and Long-term Solvency of the Firm
  • D
    Assessing the Earning Capacity or profitability
✓

Answer

(d) Assessing the Earning Capacity or profitability
Explanation:
Assessing the Earning Capacity or profitability

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