CUET Preparation Today
| Financial statements analysis can be useless because of which of the following reasons? |
Cannot measure the profitability with accuracy Cannot measure solvency Lacks Qualitative Analysis Cannot makes a comparative study |
| Lacks Qualitative Analysis |
| Financial Analysis of statements lacks qualitative analysis. If any item can not be measured in terms of money then it is not recorded which becomes a limitation. For e.g high quality goods, motivation of employees can not be recorded in books |
