Accounting - Practice Test

(A) In the form the companies are one entity, in sub stance they are separate

(B) In form companies are separate, in substance, they are one

(C) In form and substance, the companies are one entity

(D) In form and substance, the companies are separate

(C) In form and substance, the companies are one entity

(A) General Reserve account

(B) Employee compensation reserve

(C) Security premium reserve

(D) Dividend Equalization reserve account

(A) General Reserve account

(A) Ratio analysis

(B) Standard costing

(C) Marginal costing

(D) None of these

(B) Standard costing

(A) Bank Rate

(B) Prime Lending Rate

(C) 1.5% over the Bank Rate

(D) 1.5% over the Saving Rate

(C) 1.5% over the Bank Rate

(A) EBIT and EPS

(B) Sales and EPS

(C) Sales and EBIT

(D) PAT and EPS

(B) Sales and EPS

Accounting - Study Mode