When the concept of ratio is defined in respected to the items shown in the financial statements, it is termed as | Faculties

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Rakesh Kumar

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📊 Management Accounting

Q. When the concept of ratio is defined in respected to the items shown in the financial statements, it is termed as

(A) Accounting ratio
(B) Financial ratio
(C) Costing ratio
(D) None of the above

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✅ Correct Answer: (A) Accounting ratio

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