Practicing Success

Target Exam

CUET

Subject

Accountancy

Chapter

Financial Statements of a Company

Question:
Financial statements contain ...........information about a company.
Options:
Quantitative
Qualitative
Both of these
None of these
Correct Answer:
Quantitative
Explanation:
Financial statements contain only monetary information but not qualitative information like industrial relations, industrial climate, labour relations, quality of work, etc.