Practicing Success
Practicing Success
CUET Preparation Today
| Financial analysis of company includes both ‘analysis and interpretation’. These two are............to each other. |
Mutual Relative Complementary None of these |
| Complementary |
| The term ‘financial analysis’ includes both ‘analysis and interpretation’. The term analysis means simplification of financial data by methodical classification given in the financial statements. Interpretation means explaining the meaning and significance of the data. These two are complimentary to each other. Analysis is useless without interpretation, and interpretation without analysis is difficult or even impossible. |
