51. What is the gearing ratio if debt is Rs. 220, cash balance is Rs. 20, and equity is Rs. 300?
52. . . . . . . . . budget may be classified into material cost budget, labour cost budget and overhead budget.
53. Material Costs of each job are determined from . . . . . . . .
54. What is the average collection period when the debt turnover ratio is 4?
55. Cost that is not affected by changes in the volume of production
56. Match the following.
List-I
List-II
a. Cost accounting
1. . . . . . . . . is usually prepared every month.
b. Funds flow statement
2. . . . . . . . . deals with the cost of production, selling and distribution.
c. Cash flow statement
3. . . . . . . . . is an important technique financial analysis.
d. Ratio analysis
4. . . . . . . . . depicts the profit or loss made during a specified period.
| List-I | List-II |
| a. Cost accounting | 1. . . . . . . . . is usually prepared every month. |
| b. Funds flow statement | 2. . . . . . . . . deals with the cost of production, selling and distribution. |
| c. Cash flow statement | 3. . . . . . . . . is an important technique financial analysis. |
| d. Ratio analysis | 4. . . . . . . . . depicts the profit or loss made during a specified period. |
57. Economic Batch Quantity depends on . . . . . . . . and . . . . . . . . costs.
58. Accounting Standard-6 is meant for
59. Assertion (A) Increasing the value of closing inventory increases profit.
Reason (R) Increasing the value of closing inventory reduces cost of goods sold.
Reason (R) Increasing the value of closing inventory reduces cost of goods sold.
60. When partially completed units are converted to a comparable number of completed units, they are referred to as
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