Home › CBSE Class 12 (Commerce) › Accountancy › Financial Statements of a Company › Trade associations use financial statements to d…
Trade associations use financial statements to develop standard
ATariffs
BPrices
CWages
DRatios
Answer & Solution
Correct answer: D. Ratios
Associations analyse the statements to set standard ratios and to design a uniform system of accounts for members.
Related questions
Labour unions use financial statements when negotiatingAnother name for the balance sheet is the statement ofMD&A in an annual report gives a narrative from the view ofInternational Financial Reporting Standards are developed by theGAAP stands forConsolidated statements present a parent and its subsidiaries asMoney received for services not yet provided is recorded asApple trees grown to produce apples are an example of