To be recorded as an asset, an item must meet four specific conditions. 41. A current assets – current liabilities B current assets + current liabilities C non-current (fixed) assets + current assets – current liabilities D non-current (fixed) assets + current assets + current liabilities [1] (j) A sole trader compares his results with those of a similar business. B) Payments on Income Statement. Ratio between different forms of capital . Inventories, cash and equivalents, and accounts receivables are listed as. ANS: A . 20,000, the value of liability will be Other Assets. Accounting Ratios MCQs Ratio Analysis MCQs (Multiple Choice Questions and Answers) Accounting Ratios MCQs Ratio Analysis MCQs (Multiple Choice Questions and Answers) Choose the correct answer: 1. Answer: A. C. Investments. B. c) All assets. c) Fixed assets. Answer: C. 3. Schedule 8 d) Assets and liabilities. 100,000 and equity is Rs. Cost of Capital MCQ . $25,420. $50,370. b) a liability. 2. C) Noncurrent Liabilities. Contingent Liabilities. Which asset-liability combination would most likely result in the firm's having the greatest risk of technical insolvency? A) Current Liabilities. 8. Schedule 10 B. 300 seconds . 20,000, the value of liability will be? Reducing current assets, increasing current liabilities, and reducing long-term debt. If the assets of a business are Rs. $24,950-$24,520. The Manager is entitled to a commission of 10% on profit before deducted his commission. SURVEY . B) Accumulated Liabilities. Working Capital Management MCQ . Q. Tags: Question 14 . Higher the price earning ratio, better it is, as it indicates growth of the company. a) 1000. b) 900. c) 800. d) 1100. d) an income. 21) It is shown by way of a footnote and details are given in schedule 12. Which shows how well expenses are being controlled? Outstanding expense is. What is the total value of his assets? D) Liabilities on the Balance Sheet. c) an expenses. ANS: D . 4. If the assets of a business are Rs . Posted By: Faisal Wahab on: October 21, 2020 In: Accounting Mcqs Print Email D) Accrued Liabilities. Capital Structure MCQ . Increasing current assets while incurring more current liabilities. answer choices . answer choices . The table below shows Claude's assets and liabilities. A. $24,950. b) All liabilities. Given below are the Chapter Wise Financial Management MCQ:-Leverage Multiple Choice Questions (MCQs) Capital Budgeting MCQ . A. $25,420-$24,950. 22) Bills purchased and discounted are shown in _____ on the Balance sheet of a Bank. 43. What is the total value of his liabilities? Ans. C) Assets on the Balance Sheet. A) Earnings on Income Statement. 42. • A snapshot at a point in time of an entity’s assets, liabilities and owners’ equity • A reconciliation of an entity’s bank account balance • A description of the company’s cash flows over a period of time. Home Accounting Mcqs The real accounts are accounts of Assets, liabilities and _____? 13. Other liabilities and provision. 100,000 and equity is Rs. D. Other liabilities and provisions. b) Intangible assets. The profit is 9000, therefore the commission will be. Cost of capital does not mean: The table below shows Claude's assets and liabilities. Ratio analysis: ... False, Current Assets/Current Liabilities. Accounting Equation MCQ & Quiz. 3. a) an assets. d) All of these. Increasing current assets while lowering current liabilities.
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