Advance Accounting MCQs
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Q 21. Return on investment is a .
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Q 22. The ratios which reveal the final result of the managerial policies and performance is…………..
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Q 23. An ideal current ratio is considered as 1:2
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Q 24. Ratio analysis ensures effective cost control.
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Q 25. Reliability of ratios depend upon the reliability of financial data.
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Q 26. Under single entry system arithmetical accuracy of the Accounting records can be checked.
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Q 27. If the closing capital is more than the opening capital it’s shows an increase in capital which means a ……………
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Q 28. Under statement of affairs method which is also termed as .
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Q 29. Under…………… entry system, Personal Accounts and Cash Book are kept separately.
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