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A It is affected by personal bias. No worries! We‘ve got your back. Try BYJU‘S free classes today! B Intra-firm comparison. Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses C Lack of qualitative analysis. No worries! We‘ve got your back. Try BYJU‘S free classes today! D Ignores price level changes No worries! We‘ve got your back. Try BYJU‘S free classes today!
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Solution The correct option is B Intra-firm comparison. Answer: B. Intra-firm comparison. Financial statement analysis has some limitations like it is based on historical cost, ignores price level changes, is affected by personal bias, lacks precision and use of qualitative analysis. Also read: Learn about more questions and answers on business studies and various other commerce topics from our website.
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