Target Exam

CUET

Subject

-- Accountancy Part B

Chapter

Analysis of Financial Statements

Question:

Who are interested in wage increase at the time of analysis of financial statements?

Options:

Management

Investors

Owner

Labour union

Correct Answer:

Labour union

Explanation:

The correct answer is option 4- Labour union.

Labour union are interested in wage increase at the time of analysis of financial statements.

Labour unions analyse the financial statements to assess whether it can presently afford a wage increase and whether it can absorb a wage increase through increased productivity or by raising the prices.