Accounting - Study Mode

[#976] Allocation means:
Correct Answer

(A) Allotment of the whole item without division to a particular department

[#977] A company can redeem preference shares
Correct Answer

(D) all of these

[#978] The appropriate ratio for indicating liquidity crisis is
Correct Answer

(D) Acid test ratio

[#979] From the following data, calculate P/V ratio. Sales Profit 2017 Rs. 50,000 Rs. 5,000 2018 Rs. 75,000 Rs. 10,000
Correct Answer

(B) 20%

[#980] Which of the following comes under efficiency ratios?
Correct Answer

(D) All of the above