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Question
Analysis simply means ______ data.
Options
Simplification
Explaining
Defining
None of these
MCQ
Fill in the Blanks
Solution
Analysis simply means Simplification data.
Explanation:
The term analysis refers to the methodical categorizing of financial facts in financial statements. The term "interpretation" refers to the process of explaining the meaning and importance of facts. These two are a good match for each other.
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Meaning of Analysis of Financial Statements
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