| 1001 |
Under Schedule III, bills payable are shown under |
Accountancy/Book Keeping
Financial statements of a company |
Easy |
| 1002 |
Goodwill is shown in a company's balance sheet under |
Accountancy/Book Keeping
Financial statements of a company |
Easy |
| 1003 |
Under Schedule III, loose tools are classified as |
Accountancy/Book Keeping
Financial statements of a company |
Medium |
| 1004 |
Under which sub-heading is a bank overdraft shown in a company's balance sheet? |
Accountancy/Book Keeping
Financial statements of a company |
Medium |
| 1005 |
A company cannot identify its normal operating cycle. A loan from a bank is repayable in 18 months. How is it… |
Accountancy/Book Keeping
Financial statements of a company |
Hard |
| 1006 |
Analysis of financial statements of a firm for a single year, comparing items with a common base, is called |
Accountancy/Book Keeping
Financial analysis |
Easy |
| 1007 |
Which is a limitation of financial analysis? |
Accountancy/Book Keeping
Financial analysis |
Easy |
| 1008 |
A supplier giving goods on three months' credit to a company is mainly interested in its |
Accountancy/Book Keeping
Financial analysis |
Medium |
| 1009 |
A company shows good profits, but its skilled staff are leaving due to poor working conditions. Why might fin… |
Accountancy/Book Keeping
Financial analysis |
Medium |
| 1010 |
Comparing a company's revenue for five consecutive years, with the first year as base, is an example of |
Accountancy/Book Keeping
Financial analysis |
Hard |
| 1011 |
In a common-size Statement of Profit and Loss, each item is expressed as a percentage of |
Accountancy/Book Keeping
Comparative and common-size statements |
Easy |
| 1012 |
Revenue from operations rose from ₹2,00,000 to ₹2,50,000. What is the percentage change shown in a comparativ… |
Accountancy/Book Keeping
Comparative and common-size statements |
Easy |
| 1013 |
Which statement allows a small firm and a large firm in the same industry to be compared easily? |
Accountancy/Book Keeping
Comparative and common-size statements |
Medium |
| 1014 |
A company's revenue from operations is ₹2,40,000 and its cost of revenue from operations is ₹1,80,000. In a c… |
Accountancy/Book Keeping
Comparative and common-size statements |
Medium |
| 1015 |
Revenue rose from ₹2,00,000 to ₹2,40,000 and expenses rose from ₹80,000 to ₹1,00,000. What does a comparative… |
Accountancy/Book Keeping
Comparative and common-size statements |
Hard |
| 1016 |
The debt-equity ratio belongs to which category of ratios? |
Accountancy/Book Keeping
Accounting ratios |
Easy |
| 1017 |
Current assets are ₹3,00,000 and current liabilities ₹1,50,000. What is the current ratio? |
Accountancy/Book Keeping
Accounting ratios |
Easy |
| 1018 |
Current assets are ₹3,00,000, including inventory of ₹80,000 and prepaid expenses of ₹20,000. Current liabili… |
Accountancy/Book Keeping
Accounting ratios |
Medium |
| 1019 |
Cost of revenue from operations is ₹4,80,000, opening inventory ₹70,000 and closing inventory ₹90,000. What i… |
Accountancy/Book Keeping
Accounting ratios |
Medium |
| 1020 |
Current assets are ₹2,00,000 and current liabilities ₹1,00,000. The firm pays ₹50,000 to its trade creditors.… |
Accountancy/Book Keeping
Accounting ratios |
Hard |