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FS
Question Practice

Which limitation of financial statements is indicated by their inability to reveal future profitability?

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MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - II
Financial Statements of a Company
Question Bank

Which limitation of financial ...

Single Answer MCQ
Q-00082655

Which limitation of financial statements is indicated by their inability to reveal future profitability?

1

Historical data relevance

2

Insufficient detail for analysis

3

Lack of forward-looking information

4

Failure to account for taxes

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