21. Liquid or Quick assets =
22. Lower the Debt Equity ratio
23. A higher inventory ratio indicates
24. Return on Investment Ratio (ROI) =
25. A low Return on Investment Ratio (ROI) indicates
26. Sales expenditure budget is prepared by estimating the expense(s) of
27. Budgeting is difficult to apply in the following cases
28. A Master Budget consists of
29. The accounting process involves recording
30. In accounting, an economic event is referred to as
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Each Section contains maximum 100 MCQs question on Accounting. To get more questions visit other sections.
- Accounting - Section 2
- Accounting - Section 3
- Accounting - Section 4
- Accounting - Section 5
- Accounting - Section 6
- Accounting - Section 7
- Accounting - Section 8
- Accounting - Section 9
- Accounting - Section 10
- Accounting - Section 11
- Accounting - Section 12
- Accounting - Section 13
- Accounting - Section 14
- Accounting - Section 15
- Accounting - Section 16
- 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