Q. Which among the following asset is excluded from current assets ?
✅ Correct Answer: (A)
loose tools
Accounting for Management MCQs and Notes
Q. ……………….means cash and other assets which are expected to be sold or consumed during the normal operating cycle of business.
✅ Correct Answer: (D)
current assets
Q. ……………..means excess of current assets over current liabilities.
✅ Correct Answer: (C)
net working capital
Q. ……………….refers to firms investment in current assets.
✅ Correct Answer: (B)
gross working capital
Q. Net profit earned plus non working capital expenses is equal to …………..
✅ Correct Answer: (A)
fund provided by operations
Q. Fund flow refers to changes in ------------- capital
✅ Correct Answer: (B)
working
Q. Which among the following do not result in the flow of fund /
✅ Correct Answer: (D)
all of these
Q. In ………………..type of analysis , financial statements for a number of years are reviewed and analyzed.
✅ Correct Answer: (B)
horizontal analysis
Q. The analysis done by persons who have access to the books of account and other information related to the business is termed as……………
✅ Correct Answer: (A)
internal analysis
Q. The analysis done by investors , credit agencies , government agencies and other creditors who have no access to the internal records of a company is known as ……………..
✅ Correct Answer: (C)
external analysis