Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Analysis of Financial Statements

Question:
Who is interested in the taxation of a company at the time of analysis of financial statements?
Options:
Labour
Investors
Government
Employees
Correct Answer:
Government
Explanation:
The economists, researchers, etc., analyse the financial statements to study the present business and economic conditions. The government agencies need it for price regulations, taxation and other similar purposes.