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How do financial statements serve purpose of lenders?
  • a)
    Lenders take decisions based on the financial performance of the undertakings as shown by the financial statements of a company.
  • b)
    Financial statements ignore price level changes.
  • c)
    Financial statements only incorporate monetary aspects of a business.
  • d)
    None of the above
Correct answer is option 'A'. Can you explain this answer?
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How do financial statements servepurpose of lenders?a)Lenders take decisions based on the financial performance of the undertakings as shown by the financial statements of a company.b)Financial statements ignore price level changes.c)Financial statements only incorporate monetary aspects of a business.d)None of the aboveCorrect answer is option 'A'. Can you explain this answer?
Question Description
How do financial statements servepurpose of lenders?a)Lenders take decisions based on the financial performance of the undertakings as shown by the financial statements of a company.b)Financial statements ignore price level changes.c)Financial statements only incorporate monetary aspects of a business.d)None of the aboveCorrect answer is option 'A'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about How do financial statements servepurpose of lenders?a)Lenders take decisions based on the financial performance of the undertakings as shown by the financial statements of a company.b)Financial statements ignore price level changes.c)Financial statements only incorporate monetary aspects of a business.d)None of the aboveCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for How do financial statements servepurpose of lenders?a)Lenders take decisions based on the financial performance of the undertakings as shown by the financial statements of a company.b)Financial statements ignore price level changes.c)Financial statements only incorporate monetary aspects of a business.d)None of the aboveCorrect answer is option 'A'. Can you explain this answer?.
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