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Q. The ratio which measures the profit in relation to capital employed is known as

Q. …………….fund is for the purpose of construction of building for the business of the Society.

Q. Transactions involving receipt in……………..are recorded on receipt side of cash book.

Q. The closing balance of book debts account is ascertained by preparing branch ………………Account.

Q. What will be the Gross Profit if , total sales is Rs 2,60,000,cost of net goods sold is Rs 2,00,000 & sales return is Rs10,000 ?

Q. A ………………is generally a physical part of the business established under the same roof.

Q. AS-17 segment reporting applies to those companies which have an annual turnover of Rs……….crores or more.

Q. If sales is Rs 5,00,000 & net profit is Rs 1,20,000 Net profit ratio is

Q. As per AS -30 prepaid expenses are not financial instruments.

Q. The gross profit represents the net margin.