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Question Practice

Which financial statement is primarily used to assess the profitability of a business?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Business Studies
Business Studies - II
Financial Management
Question Bank

Which financial statement is p...

Single Answer MCQ
Q-00092765

Which financial statement is primarily used to assess the profitability of a business?

1

Balance Sheet

2

Cash Flow Statement

3

Profit and Loss Account

4

Equity Statement

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Q4.

Which of the following is a primary function of financial management?

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