Financial and Management Accounting (CBSE-NET (UGC) Commerce (Paper-II & Paper-III)): Questions 6 - 11 of 13

Get 1 year subscription: Access detailed explanations (illustrated with images and videos) to 100 questions. Access all new questions we will add tracking exam-pattern and syllabus changes. View Sample Explanation or View Features.

Rs. 150.00 or

Question number: 6

» Financial and Management Accounting » Valuation of Shares, Amalgamation, Absorption and Reconstruction

MCQ▾

Question

what is the correct sequence in which the capital of a company is raised?

Choices

Choice (4) Response

a.

Issued, nominal, called-up, subscribed

b.

Issued, subscribed, called-up, nominal

c.

Nominal, issued, subscribed capital, called-up

d.

Issued, nominal, subscribed, called-up

Question number: 7

» Financial and Management Accounting » Cost and Management Accounting » Ratio Analysis

MCQ▾

Question

Which one of the following ratios are most important for judging the long-term solvency of a firm?

Choices

Choice (4) Response

a.

Return on investment

b.

Debt-equity ratio

c.

stock turnover ratio

d.

Fixed assets turnover ratio

Question number: 8

» Financial and Management Accounting » Basic Accounting Concept

MCQ▾

Question

Qualitative transactions are not recorded in accounts due to

Choices

Choice (4) Response

a.

Going concern concept

b.

Dual aspect concept

c.

Money measurement concept

d.

Business entity concept

Question number: 9

» Financial and Management Accounting » Partnership Accounts » Admission

MCQ▾

Question

Gaining ratio is equal to the

Choices

Choice (4) Response

a.

New ratio – Old ratio

b.

Old ratio + New ratio

c.

Old ratio - New ratio

d.

Question does not provide sufficient data or is vague

Question number: 10

» Financial and Management Accounting » Capital and Revenue

MCQ▾

Question

All capital expenditures and receipts are taken to

Choices

Choice (4) Response

a.

Trading & P/L account

b.

Balance sheet

c.

Trial Balance

d.

Question does not provide sufficient data or is vague

Question number: 11

» Financial and Management Accounting » Basic Accounting Concept

MCQ▾

Question

The fundamental accounting equation “assets = liabilities” is the formal expression of

Choices

Choice (4) Response

a.

Money measurement concept

b.

Matching concept

c.

Going concern concept

d.

Dual aspect concept

f Page
Sign In