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MCQ Questions for Class 12 Accountancy set-10

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1. Which Of the following is limitation of financial analysis ?




2. Which of the following is not the limitations of financial analysis ?




3. When Financial Statements of two or more organisations are analysed, it is called :




4. Which of the following statement correct ?




5. Which of the following is a type of Financial Analysis on the basis of material used ?




6. Proprietory Ratio indicates the relationship between proprietor’s funds and….




7. Which one of the following ratios is most important in determining the long-term solvency of a company ?




8. Total Assets ₹ 8,10,000 Total Liabilities ₹ 2,60,000 Current Liabilities ₹ 40,000 Debt-equity ratio is:




9. Equity share capital ₹ 15,00,000 Reserve and Surplus ₹ 7,50,000 Total Assets ₹ 45,00,000 Properletory Ratio ?




10. Total Assets ₹ 7,70,000 Total Liabilities ₹ 2,60,000 Current Liabilities ₹ 40,000 Total Assets to Debt Ratio is:




11. Profitability Ratios are generally expressed in :




12. The ratios are primarily measures of earning capacity of the business.




13. The gross profit ratio is the ratio of gross profit to :




14. Operating Ratio is:




15. Which of the following is an operating’ income ?




16. Which of the following non-operating expense?




17. The following groups of ratios primarily measure risk




18. To know the return on investment, by capital employed we mean:




19. The term fixed assets include :




20. Ratio based on figures of profit & loss as well a the Balance sheet are:




21. When opening stock is ₹ 50,000 closing stock ₹ 60,000 and cost of goods sold is ₹ 2,20,000, then stock turn over ratio is:




22. What does Creditors Turnover Ratio take into account:




23. Cost of goods sold :




24. The ideal liquid ratio is :




25. The ideal current ratio is :




26. Profitability Ratio is generally shown in :




27. Stock turnover ratio comes under :




28. The satisfactory ratio between internal and external equity is. :




29. Current Ratio includes:




30. Current Ratio =




31. Liquid Assets include :




32. Which of the following assets is not taken into consideration in calculating acid-test ratio ?




33. When Cash is 7 10,000 Stock is 7 25,000, B/R is 7 5,000 Creditors is 7 22,000 and Bank Overdraft is 7 8,000 then current ratio is :




34. The two basic measures of liquidity are :




35. The term ‘Current Liabilities’ does not include: .




36. The term‘Current Assets’include




37. Liquid Ratio is also known as:




38. To test the liquidity of a concern which of the following ratios is useful ?




39. Which of the following transactions will improve the current ratio ?




40. Debt-equity ratio is :




41. The formula for finding out Debt-Equity Ratio is:




42. Preparation of cash flow statement is :




43. Issue of shares in consideration of purchase of plant and machinery results into :




44. If net profit is 7 50,000 after writing off goodwill 7 10,000 then the cash flow from operating activities will be:




45. If net profit is ₹ 35,000 after writing off good will ₹ 6,000 and loss on sale of furniture ₹ 1,000, cash flow from operating activities will be :




46. Cash sales in :




47. Cash from operating activities will decrease due to :




48. Which of the following is an example of Cash Flow from Operating Activities ?




49. While calculating cash flow from operating netivities which will be deducted ?




50. While calculating cash flow from operating activities, which will be added ?