1. Does IFRS-B allow an entity to combine information about operating segments into one reportable segment?
2. Loss arising due to insolvency of a partner is to be borne by other partners:
3. Which of the following is not a business transaction?
4. The value of HR is the function of the average salary of the employees and their average employment tenure in the organisation. This is the essence of
5. Calculate the profit volume ratio from the following statement:
Year
Sales
Profit
2006
4,00,000
(-) 24,000
2007
5,00,000
(+) 30,000
Year | Sales | Profit |
2006 | 4,00,000 | (-) 24,000 |
2007 | 5,00,000 | (+) 30,000 |
6. X Ltd company goes into liquidation, and a new company Z Ltd purchases the business of X Ltd. It is a case of
7. Which one of the following is not true of cash Budget?
8. Under capitalization can be resolved by
9. When net profit is Rs. 2,25,000; taxes Rs. 25,000 and net worth Rs. 10,00,000 what is the rate of return on shareholder's equity?`
10. Proprietary ratio relates the shareholders fund to:
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Each Section contains maximum 100 MCQs question on Accounting. To get more questions visit other sections.
- Accounting - Section 1
- Accounting - Section 2
- Accounting - Section 3
- Accounting - Section 4
- Accounting - Section 5
- Accounting - Section 6
- Accounting - Section 7
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- Accounting - Section 9
- Accounting - Section 10
- Accounting - Section 11
- Accounting - Section 12
- Accounting - Section 13
- Accounting - Section 14
- Accounting - Section 15
- Accounting - Section 17
- Accounting - Section 18
- Accounting - Section 19
- Accounting - Section 20
- Accounting - Section 21
- Accounting - Section 22
- Accounting - Section 23
- Accounting - Section 24
- Accounting - Section 25