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Question 3
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SBB-X-2 Half-Yearly Examination 2022-23 Class- 1. Read the following passage and answer the questions : 6 We take roads as if they were especially meant for us only. Violation of traffic norms and driving rashly considered sign of gallantry. When required such gallants prove to be the worst cowards. The modern youth take pride in driving a great speed. They ignore the basic norms. Such as when to take turn, obeying the taffic signals, driving in proper lanes, etc. The result is danger to life. The movement on roads has become so dreaded and unsafe that it affects the nervous system of many a sensitive being. God knows what calamity may happen the next moment. (i) Who take pride in driving a great speed? (A) The andient youth (B) The modern youth (C) The coward youth (D) The sensitive youth (ii) Violation of traffic norms leads to: (A) Safety to life (B) Safe driving (C) danger to life (D) Safty of others (iii) How do we behave on the roads? (iv) What affects the nervous system of many a sensitive being? (v) Find the word from the passage which means feared greatly. (vi) Find from the passagethe opposite of 'ancient'? 2. Read the following passage and answer the questions: 8 One of the greatest mystories of birds life is travelling. Every year during autumn and early winter birds travel from northern regions of Asia.. Europe and America to the Southern warmer lands. They make the return journey again during spring and early summer. They are very punctual unless they are delayed by bad weather. They face many dangers and hardships while travelling long distances through the air over hills, ferests, plains and sea. Sometimes sudden stroms arise and drive them far out of course and are droẁnned in the wild waves. At night bright lights attraçt and confuse the birds. They cannot fly at their fastest. (i) What is one of the greatest mysteries of bird's life? (A) flying (B),travelling (C) eating (D) nesting P.T.O.
Question 5
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11.6/Accountancy-XII Limitations of Analysis of Financial Statements Analysis of financial statements is a strong mechanism for ascertaining the financial position and drawbacks of a business undertaking. Butit infigen provided in such statements. There are adequacy and 1. Lack of Uniformity of Data-Diverse information and data are supplees in financial statements. There is a lack confusions and problems in their analy 2. Change in Accounting Policy- Financial Statements reflect the accounting policies of a business undertakings The policies are subject to change from time to time. In addition, each and every business enterprise follows its own accounting policy. Proper analysis of financial statements is not possible as succh. 3. Effect of Price-LevelChanges- If price level changes are not taken into consideration, the results of analysis of financial statements may be misleading. Ratios of different years will not be useful for comparison if the prices of commodities are different. The ratios may improve due to increase in prices whereas the actual efficiency remains unchanged. 4. Incomplete and Inaccurate Data- Financial Statements represerl interim reports for an accounting period because accurate profit or loss and finaneid position of a business undertaking can be known only after its closure. Hence, the information and data supplied by these statements are not complete and accurde As such, the reliability of analysis is not above suspicion. 5. Several Techniques of Analysis- There are a number of techniqued analysis of financial statements. The analysis, interpretation and results, therebore differ from one another. It gives cause for confusion in the mind of analisem 6. Limitations of Financial Statements- Financial Statenens themselves have a number of limitations and so the analysis of financial statemens suffers from limitafions. Financial Statements, in fact, are based on accountis concepts and conventions and so the analysis of such statements does not prove meaningful.
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