Accounting - Practice Test

(A) Sales - Purchase

(B) Sales - Variable Cost

(C) Sales - Fixed Cost

(D) None of these

(B) Sales - Variable Cost

(A) $${ ext{P/V Ratio}} = frac{{{ ext{Contribution}}}}{{{ ext{Sales}}}}$$

(B) $${ ext{P/V Ratio}} = frac{{{ ext{Fixed Cost + Profit}}}}{{{ ext{Sales}}}}$$

(C) $${ ext{P/V Ratio}} = frac{{{ ext{Sales }} - { ext{ Variable Cost}}}}{{{ ext{Sales}}}}$$

(D) $${ ext{P/V Ratio}} = frac{{{ ext{Contribution}}}}{{{ ext{Change in Sales}}}}$$

$${ ext{P/V Ratio}} = frac{{{ ext{Contribution}}}}{{{ ext{Sales}}}}$$

(A) Financial Accounting

(B) Inflation Accounting

(C) Standard Costing

(D) Analysis of Financial Statements

(B) Inflation Accounting

(A) Rs. 21,315

(B) Rs. 17,195

(C) Rs. 25,435

(D) Rs. 4120

(B) Rs. 17,195

(A) Current assets and current liabilities

(B) Liquid assets and current liabilities

(C) Debts and equity

(D) Fixed assets and sales

(A) Current assets and current liabilities

Accounting - Study Mode