In ratio analysis, 'time series analysis' refers to
A. making a time series of various ratio to assess the firm's profitability
B. a graphical comparison of the firm's sources of finance
C. the comparison of financial ratios over a period of time to access the direction of change and the financial performance of the firm
D. a comparison of time values for various ratios of the firm
Answer: Option C
Related Questions on Costing
Basic objective of cost accounting is ________
A. tax compliance.
B. financial audit.
C. cost ascertainment.
D. profit analysis.
Process costing is suitable for ________.
A. hospitals
B. oil refing firms
C. transport firms
D. brick laying firms
The cost which is to be incurred even when a business unit is closed is a _____.
A. imputed cost
B. historical cost
C. sunk cost
D. shutdown cost
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