Financial analysis helps in measuring the success of
the company’s operations, appraising the individual’s performance and
evaluating the system of internal control. Who is interested in this type of analysis?
Answer & explanation
Correct answer: option 4
Management of
the firm would be interested in every aspect of the financial analysis. It is
their overall responsibility to see that the resources of the firm are used most efficiently and that the firm’s financial condition is sound.
Financial analysis helps the management in measuring the success of
the company’s operations, appraising the individual’s performance and
evaluating the system of internal control.