Match the following. List-I List-II a. Cost accounting 1. . . . . . . . . is usually prepared every month. b. Funds flow statement 2. . . . . . . . . deals with the cost of production, selling and distribution. c. Cash flow statement 3. . . . . . . . . is an important technique financial analysis. d. Ratio analysis 4. . . . . . . . . depicts the profit or loss made during a specified period.

a-4, b-3, c-2, d-1
a-2, b-1, c-4, d-3
a-4, b-3, c-1, d-2
a-3, b-4, c-2, d-1

The correct answer is: A. a-4, b-3, c-2, d-1

Here is a brief explanation of each option:

  • Cost accounting is a branch of accounting that deals with the measurement, analysis, and reporting of costs. It is used to determine the cost of goods or services, to make decisions about pricing, and to control costs.
  • Funds flow statement is a financial statement that shows the sources and uses of cash and cash equivalents during a period of time. It is used to analyze a company’s liquidity and financial flexibility.
  • Cash flow statement is a financial statement that shows the cash inflows and outflows of a company during a period of time. It is used to analyze a company’s liquidity and financial position.
  • Ratio analysis is a technique used to compare the financial performance of a company to its own past performance or to the performance of other companies. It is used to identify strengths and weaknesses and to make decisions about investment and financing.

I hope this helps!