Financial and Management Accounting-Cost and Management Accounting (NTA-NET (Based on NTA-UGC) Commerce (Paper-II)): Questions 1 - 6 of 21

Access detailed explanations (illustrated with images and videos) to 1264 questions. Access all new questions we will add tracking exam-pattern and syllabus changes. Subscription can be renewed yearly absolutely FREE! View Sample Explanation or View Features.

Rs. 550.00 or

How to register?

Question number: 1

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

Edit
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.

Fixed assets turnover ratio

b.

Debt-equity ratio

c.

stock turnover ratio

d.

Return on investment

Question number: 2

» Financial and Management Accounting » Cost and Management Accounting » Cash Flow Analysis

Edit

Appeared in Year: 2016

MCQ▾

Question

Which of the following is not a cash inflow?

Choices

Choice (4) Response

a.

Sale of a fixed asset

b.

Decrease in debtors

c.

Issue of shares

d.

Decrease in creditors

Question number: 3

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

Edit

Appeared in Year: 2015

MCQ▾

Question

When opening stock is Rs. 50,000, closing stock is Rs. 60,000 and the cost of goods sold is Rs. 2,20,000, the stock turnover ratio is:

Choices

Choice (4) Response

a.

4 times

b.

2 times

c.

5 times

d.

3 times

Question number: 4

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

Edit

Appeared in Year: 2015

MCQ▾

Question

If: Stock turnover ratio is 6 times

Average stock

Selling price

What is the amount of gross profit?

Choices

Choice (4) Response

a.

Rs. 2,000

b.

Rs. 4,000

c.

Rs. 12,000

d.

Rs. 10,000

Question number: 5

» Financial and Management Accounting » Cost and Management Accounting » Cash Flow Analysis

Edit

Appeared in Year: 2018

MCQ▾

Question

Which one of the following is not an example of ‘financing activities’ with reference to cash flow statement?

(September Paper II)

Choices

Choice (4) Response

a.

Interest on debentures/Dividend paid

b.

Sale of fixed assets

c.

Repayment of bank loan

d.

Cash proceeds from public deposits

Question number: 6

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

Edit

Appeared in Year: 2018

Assertion-Reason▾

Question

Assertion (Ꭺ)

A high operating ratio indicates a favourable position. (September Paper II)

Reason (Ꭱ)

A high operating ratio leaves a high margin to meet non-operating expenses. (September Paper II)

Choices

Choice (4) Response

a.

Ꭺ is false but Ꭱ is true

b.

Both Ꭺ and Ꭱ are false

c.

Both Ꭺ and Ꭱ are true and Ꭱ is the correct explanation of Ꭺ

d.

Both Ꭺ and Ꭱ are true but Ꭱ is NOT the correct explanation of Ꭺ

Developed by: