BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Several techniques are commonly used as part of financial statement analysis. Three of the most important techniques are horizontal analysis, vertical analysis, and ratio analysis.

Detailed explanation-2: -The income statement, balance sheet, and statement of cash flows are required financial statements. These three statements are informative tools that traders can use to analyze a company’s financial strength and provide a quick picture of a company’s financial health and underlying value.

Detailed explanation-3: -The most common types of financial analysis are vertical analysis, horizontal analysis, leverage analysis, growth rates, profitability analysis, liquidity analysis, efficiency analysis, cash flow, rates of return, valuation analysis, scenario and sensitivity analysis, and variance analysis.

Detailed explanation-4: -The three major tools for financial statement analyses are horizontal analysis, vertical analysis, and ratios analysis.

Detailed explanation-5: -Solution. Explanation: Statement of profit and loss is not a tool for financial analysis. Hence, the correct answer is a Statement of profit and loss.