Financial and Management Accounting-Financial Statement Analysis (NTA-NET (Based on NTA-UGC) Commerce (Paper-II)): Questions 1 - 4 of 7

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Question number: 1

» Financial and Management Accounting » Financial Statement Analysis » Funds Flow Analysis (New 2019)

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Appeared in Year: 2018

MCQ▾

Question

Which one of the following is not the fund based business of commercial banks?

(December)

Choices

Choice (4) Response

a.

RTGS/NEFT transactions

b.

Acceptance of deposits

c.

Issuance of letters of credit

d.

Overdraft facility

Question number: 2

» Financial and Management Accounting » Financial Statement Analysis » Ratio Analysis (New 2019)

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Appeared in Year: 2018

MCQ▾

Question

A company proposes to introduce a new product in the market. The company wants to maintain P/V Ratio at . If variable cost of the product is RS. 300, what will be the selling price?

(December)

Choices

Choice (4) Response

a.

RS. 100

b.

RS. 300

c.

RS. 200

d.

RS. 400

Question number: 3

» Financial and Management Accounting » Financial Statement Analysis » Cash Flow Analysis (New 2019)

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Appeared in Year: 2018

Match List-Ⅰ List-Ⅱ▾

Question

Match the items of List I with the items of List II and choose the correct answer from the code given below. (December)

List-Ⅰ (Coloum-1) List-Ⅱ (Coloum-2)

(A)

AS-1

(i)

Cash flow statements

(B)

AS-19

(ii)

Accounting for fixed assets

(C)

AS-3

(iii)

Disclosure of accounting policies

(D)

AS-10

(iv)

Leases and its accounting

Choices

Choice (4) Response
  • (A)
  • (B)
  • (C)
  • (D)

a.

  • (iii)
  • (iv)
  • (ii)
  • (i)

b.

  • (i)
  • (iii)
  • (ii)
  • (iv)

c.

  • (ii)
  • (i)
  • (iv)
  • (iii)

d.

  • (iii)
  • (iv)
  • (i)
  • (ii)

Question number: 4

» Financial and Management Accounting » Financial Statement Analysis » Ratio Analysis (New 2019)

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Appeared in Year: 2018

MCQ▾

Question

A and B are partners in a firm sharing profits in the ratio of . They admit X as a partner for share in profits of the firm. The new profit sharing ratio of A, B and X is (December)

Choices

Choice (4) Response

a.

b.

c.

d.

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