Which statement express all items of financial statement as a percentage of some common base such as total assets for balance sheet? Options: A . &nbsp Comparative Statement B . &nbsp Common Size Statement C . &nbsp Statement of Profit and loss D . &nbsp None of these

Which statement express all items of financial statement as a percentage of so

Question -

Which statement express all items of financial statement as a percentage of some common base such as total assets for balance sheet?

Options:

A . Comparative Statement

B . Common Size Statement

C . Statement of Profit and loss

D . None of these

Answer: Option B
:
B

Common size statement express all items of financial statement as a percentage of some common base such as total assets for balance sheet

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