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Government is not interested in analysis of financial statement.

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State whether following statement is true or false :

Government is not interested in analysis of financial statement.

Options

  • True
  • False
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1 Answer

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Best answer

False

Explanation: It is incorrect to say that government is not interested in the analysis of financial statements. Government uses these statements to study the profit margins and the trends to provide concessions/subsidies or to withdraw or increase/decrease excise and other duties.

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