Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Accounting Ratios

Question:

Ratios play a significant role in elucidating shifts taking place within the business. This information about changes proves immensely valuable to management, aiding them in comprehending existing challenges and opportunities. Furthermore, it empowers the business to conduct its own....................analysis.

Options:

SWOT

STOW

TOWS

SOWT

Correct Answer:

SWOT

Explanation:

Ratios play a significant role in elucidating shifts taking place within the business. This information about changes proves immensely valuable to management, aiding them in comprehending existing challenges and opportunities. Furthermore, it empowers the business to conduct its own SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis.