Practice Trend Analysis - 3.4.3 | Chapter 3: Financial Statement Analysis – ICSE Class 12 | ICSE Class 12 Accounts
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Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is trend analysis?

💡 Hint: Think about how businesses track performance over time.

Question 2

Easy

What is the primary purpose of trend analysis?

💡 Hint: Consider what stakeholders might need from financial data.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What does trend analysis aim to identify?

  • A) Only current financial status
  • B) Patterns over time
  • C) Single year performance
  • D) None of the above

💡 Hint: Think about timeframes in financial analysis.

Question 2

True or False: Trend analysis can predict exactly what will happen in the future.

  • True
  • False

💡 Hint: Consider the variability of market conditions.

Solve 1 more question and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

A company noticed that their revenue over the past four years is as follows: Year 1: ₹200,000; Year 2: ₹250,000; Year 3: ₹300,000; Year 4: ₹400,000. Calculate the trend percentage from Year 1 to Year 4.

💡 Hint: Find the growth from the base to the current year, and think in percentage terms.

Question 2

If a company’s production costs are declining over a series of quarters, how might this affect its pricing strategy? Provide an analysis.

💡 Hint: Consider how costs relate to pricing and market competition.

Challenge and get performance evaluation