Target Exam

CUET

Subject

-- Accountancy Part B

Chapter

Financial Statements of a Company

Question:

Which of the following is NOT a feature of financial statements?

Options:

To provide information about the earning capacity of the business

To provide information about cash flows

To judge effectiveness of management

Not disclosing accounting policies

Correct Answer:

Not disclosing accounting policies

Explanation:

The correct answer is Option (4) → Not disclosing accounting policies