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5. A bank reconciliation statement is prepared with the balance of ______.
Anonymous Quiz
25%
(a) Cash book
26%
(b) Pass book
42%
(c) Either cash book or pass book
7%
(d) Neither cash book nor pass book
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1. What does the creditors turnover ratio take into account?
Anonymous Quiz
46%
(a) Total credit purchases
33%
(b) Total credit sales
10%
(c) Total cash sales
10%
(d) Total cash purchases
2. Profitability ratio is generally shown in ______.
Anonymous Quiz
34%
(a) Simple ratio
53%
(b) Percentage
12%
(c) Times
2%
(d) None of the above
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8. To test the liquidity of concern, which of the following ratios is useful?
Anonymous Quiz
27%
(a) Capital turnover ratio
38%
(b) Acid test ratio
23%
(c) Stock turnover ratio
12%
(d) Net profit ratio
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9. Which of the following is included in โ€˜Current Assetsโ€™?
Anonymous Quiz
19%
(a) Long-term investment
44%
(b) Short-term investment
28%
(c) Furniture
9%
(d) Preliminary expenses
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10. Which of the following assets is not taken into consideration in calculating the acid-test ratio?
Anonymous Poll
40%
(a) Cash
41%
(b) Bills receivable
34%
(c) Stock
20%
(d) None of the above
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We trust that the Accountancy MCQs offered for Class 12 with answers to Chapter 10: Accounting Ratios will help you.
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Economics YouTube classes by Nishant khaneja sir starting from today - for class XII - JOIN THE TELEGRAM GROUP FOR ALL INFO

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HELLO EVERYONE
๐Ÿ‘9
Hello Guys
Should we start the MCQs
๐Ÿ‘7
Hi
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