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Q. An increase in current asset accompanied by the increase in current liabilities of the same amount will…………………

Q. While preparing ……………statement, both capital and revenue items are considered.

Q. Assets and liabilities in a Balance sheet may be arranged in the order of …..

Q. ………….cost represents the amount of any given volume of output by which aggregate costs are changed if the volume of output is increased by one unit.

Q. …………….assets are those which in the ordinary course of business can be converted into cash within a short period of time.

Q. Which transaction results in flow of funds ?

Q. Marginal cost and differential cost are the same when ……..costs do not change with change in output

Q. Under marginal costing, stocks of finished goods and work-in-process are valued at …………….. costs only

Q. Which of the following is not true?

Q. Marginal cost is the aggregate of prime cost and ……………….