Advance Accounting MCQs and Notes
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Q 1. Which ratio is calculated to ascertain the efficiency of inventory management in terms of capital investment?
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Q 2. Inventory or stock turnover ratio is also called .
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Q 3. Turnover ratio is also known as .
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Q 4. The dividend is related to the market value of shares in .
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Q 5. The ratio shows the preference dividend as a proportion of profit available for shareholders is
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Q 6. The ratio establishes the relationship between profit before interest and tax and fixed interest charges is .
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Q 7. The ratio which indicates earnings per share reflected by the market price is .
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Q 8. The ratio which shows the proportion of profits retained in the business out of the current year’s profits is
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Q 9. The ratio which is calculated to measure the productivity of total assets is
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Q 10. Prepaid expenses is an example of .
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