Practicing Success

Target Exam

CUET

Subject

Accountancy

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:
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.