Accounting - Study Mode
[#2061] Dividend policy of a company mainly concerns with 1. Dividend payout 2. Stability of dividend Select the correct answer:
Correct Answer
(C) Both 1 and 2
[#2062] While computing profit before incorporation operating expenses are divided on the basis of
Correct Answer
(B) Time period
[#2063] Which one of the following is not a part of the Profitability Ratios:
Correct Answer
(C) Inventory Turnover Ratio
[#2064] Match the items of List-I with those of List-II and indicate the correct answer: List-I (Accounting Standard) List-II (Relationship) a. AS-6 1. Accounting for Consolidated Financial Statements b. AS-3 2. Accounting For Fixed Asset c. AS-10 3. Depreciation Accounting d. AS-21 4. Accounting For Cash Flow Statement
Correct Answer
(B) a-3, b-4, c-2, d-1
[#2065] The Partnership Deed provides for a salary of Rs. 7,000 per month to partner X. It will be
Correct Answer
(B) Credited to the Current Account of Partner X