Accounting - Study Mode
[#1746] The convention of conservation will have the effect of-
Correct Answer
(B) understatements of assets
[#1747] Horizontal analysis is
Correct Answer
(C) Trend analysis
[#1748] The liquidity position of a business enterprise is best reflected by:
Correct Answer
(B) Quick ratio and asset turnover ratio
[#1749] Which one of the follwoing is not a function of accounting?
Correct Answer
(C) Maximising the results
[#1750] A company issued shares of Rs. 100 each on which Rs. 80 has been paid-up and the company declares a dividend of 25%. The amount of dividend per share comes to Rs. 20. On the basis of normal rate of return of 10%, the market value of share will be
Correct Answer
(D) Rs. 200/200