Important Points for IC 26 - Life Insurance Finance Exam
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- The main aim of the financial statements is to help in decision making for the user.
- Horizontal analysis gives us a better idea about working of organization from different viewpoints.
- In the long run, Trend analysis is crucial because it shows the basic changes in the nature of business.
- A common size statement normally is a financial statement containing monetary data expressing percent to total.
- Financial ratios show the inter relation between number of items of financial information.
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