Assisstant Director Accounts

Ratio of net profit before interest and tax to sales is:

(a) Capital gearing

(b) Solvency ratio

(c)Operating profit ratio

(d) None of these

Ratio of net profit before interest and tax to sales is:

(a) Capital gearing

(b) Solvency ratio

(c)Operating profit ratio

(d) None of these

the maximum amount beyond which a company is not allowed to raise funds by issue of shares is:

(a) Issue capital

(b) Reserve capital

(c)Nominal Capital

(d) Subscribed capital

A nationwide electronic funds transfer network which enables participating banks/financial institutions to distribute electronic credit and debit entries to bank accounts and to settle such entries is termed as:

(a) Clearing bank

(b) Clearing house

(d) Certificate of Deposits

Monopolistic competition differs from perfect competition primarily because:

(a) Monopolistic competition, firms can differentiate their products

(b) Perfect competition, firms can differentiate their products

(d) None of these

Which statement shows the flow of cash and cash equivalents during the financial period.

(a) Statement of changes in equity

(b) Cash flow statement

(e) Income statement

Income statement is also known as:

(a) Statement of earnings

(b) Statement of balance sheet

(c)Statement of income

(d) Statement of operations

Balance Sheet shows_______.

(a) The financial performance at particular date

(b) The financial position at particular date

(c)The financial position for an accounting period

(d) The financial performance for an accounting period

______ is the phase of an audit where the auditor gathers samples to identify any accounting records or other data.

(a) Substantive testing

(b) Control testing

(c)Detective testing

(d) None of these

The following factor would be relatively low if supply of labor is higher than demand:

(a) Production

(b) Labor cost

(c)Wage

(d) All of these

Category: Assisstant Director Accounts

Ratio of net profit before interest and tax to sales is:

Ratio of net profit before interest and tax to sales is:

the maximum amount beyond which a company is not allowed to raise funds by issue of shares is:

A nationwide electronic funds transfer network which enables participating banks/financial institutions to distribute electronic credit and debit entries to bank accounts and to settle such entries is termed as:

Monopolistic competition differs from perfect competition primarily because:

Which statement shows the flow of cash and cash equivalents during the financial period.

Income statement is also known as:

Balance Sheet shows_______.

______ is the phase of an audit where the auditor gathers samples to identify any accounting records or other data.

The following factor would be relatively low if supply of labor is higher than demand:

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