Current assets are also known as mcq
WebMar 12, 2024 · The correct answer is external sector. Key Points. The balance of payments summarizes an economy's international economic dealings.; These transactions consist of transfer payments as well as the export and import of products, services, and financial assets (like foreign aid).; The current account, the capital account, and the financial … WebJul 7, 2015 · The term current asset doesn’t cover. 4. P&L statement is also known as. 5. Which of the following is true about financial statements? A) Financial statement gives a summary of accounts. B) Financial statements can be stated as recorded facts. 6. The statement of financial position and the balance sheet are synonyms.
Current assets are also known as mcq
Did you know?
WebApr 7, 2024 · Inventory is a current asset because it can be converted into cash within … WebDec 1, 2024 · Every fixed asset loses its value due to use or other reasons. This decline in the value of asset is known as (a) Amortization (b) Provisions (c) Depreciation (d) Devaluation. Answer. Answer: (c) Depreciation Explanation: The fixed assets are long-term assets. They help in the production of goods and services.
WebA Company’s Quick Ratio is 1.5 : 1; Current Liabilities are ₹2,00,000 and Inventory is … WebMar 28, 2024 · Select the best alternate and check your answer with the answers given at the end of the book. (A) Liquidity Ratios. 1. Two basic measures of liquidity are : (A) Inventory turnover and Current ratio. (B) Current ratio and Quick ratio. (C) Gross Profit ratio and Operating ratio. (D) Current ratio and Average Collection period.
WebMar 23, 2024 · Get Depreciation, Reserve & Provision Multiple Choice Questions (MCQ Quiz) with answers and detailed solutions. ... Under the WDV method, book value keeps on reducing so, annual depreciation also keeps on decreasing. This method is also known as the ‘Diminishing Balance Method’ or ‘Reducing Instalment Method’. ... Current assets … WebManagement Accounting MCQ Questions and Answers Part – 3 ... Turnover ratio is also known as _____. A. activity ratios. B. solvency ratios. ... All those assets which are converted into cash in the normal course of business within one year are known as _____. A. current assets. B. fixed assets. C. fictitious assets. D. wasting assets. ANSWER: A
WebInventories for Apple Inc. decreased from $ 4,855 Mn in 2024 to $ 3,956 Mn in 2024. …
WebMultiple Choice Questions. The balance sheet is a financial statement that lists the … easter egg hunts in bismarckWebMar 29, 2024 · Indicate the correct code. (a) Share capital issued by a company for the first time is known as venture capital. (b) All Venture Capital Funds in India are promoted by the Government. (c) In addition to capital, venture capitalists provide managerial and technical support also to the assisted firms. cuda toolkit without gpuWebJul 16, 2024 · MCQ on Fund Flow Statement: Check the below Enterprise and Management Accounting MCQ on Fund Flow Statement with Answers Pdf free download. Collective and. Skip to content. April 14, 2024 Question; Notes PDF; Best Books; Home; EXAMS. CA; S; CUET; CLAT; UGC NET. Course. Class 11; Classify 12. REMARKS PDF. … easter egg hunt prizes ideasWebOct 18, 2024 · Introduction to Accounting Class 11 MCQ Questions with Answers. ... Assertion (A) Prepaid expenses are a part of current assets. Reason (R) Current assets involves assets which can be converted into cash within one year as well as assets for which service or benefit will be ... Long – term transactions are also known as Revenue … cuda version 12.0 pytorchWebSep 14, 2024 · Ratio Analysis – Corporate and Management Accounting MCQs. Question 1. Which of the following assets is not a quick current asset for the purpose of calculating acid test ratio. (A) Short term bills receivables. (B) Cash. (C) Stock. (D) Debtors less provision for bad and doubtful debts. Answer: (C) Stock. easter egg hunts in memphisWebThey are the mcq of working capital the major current assets are cash and marketable … easter egg hunts in south jerseyWebJul 7, 2015 · The most precise test of liquidity is. a) Quick ratio. b) Current ratio. c) … easter egg hunts in orange county ca