#business finance

Financial Statement Analysis

Directions For Questions Directions: Read the following passage carefully: Financial statement analysis involves the cri

To make predictions about future conditions financial analysis correct; comparative statements different periods absolute percentage changes.

Ref: NCERT Accountancy Class XII Chapter 8 Financial Statement Analysis explains comparative common size analysis tools techniques interpretation methods.

View Details

Ratio Analysis 1

Ratio analysis can help know about the potential areas which can be improved with the effort in the desired direction.

True ratio analysis correct; liquidity profitability ratios calculation interpretation.

Ref: NCERT Accountancy Class XII Chapter 9 Ratio Analysis explains liquidity solvency profitability activity ratios calculation interpretation significance clearly.

View Details

Ratio Analysis 1

Higher the ratio, the more favorable it is, doesn’t stand true for:

Operating ratio ratio analysis correct; liquidity profitability ratios calculation interpretation.

Ref: NCERT Accountancy Class XII Chapter 9 Ratio Analysis explains liquidity solvency profitability activity ratios calculation interpretation significance clearly.

View Details

Financial Statements 1

A and B are partners in a firm sharing profit and losses 2 : 3 with effect from 1st April, 2021, they decided to share p

Sacrifice 1/10 financial statements correct; Schedule III format Companies Act 2013.

Ref: NCERT Accountancy Class XI Chapter 9 Financial Statements explains trading profit loss balance sheet preparation format Schedule III.

View Details

Partnership Accounts 2

Directions For Questions Directions: Read the following case study and answer questions on the basis of the same. Tony a

₹ 700 partnership correct; deed provisions interest capital drawings as per Act.

Ref: NCERT Accountancy Class XII Chapter 2 Partnership Accounts explains partnership deed interest capital drawings profit appropriation guarantee provisions.

View Details

Accounting Fundamentals 4

Identify the advantage of Computerized Accounting system.

Quality Reports correct accounting fundamental; capital revenue classification per accounting principles.

Ref: NCERT Accountancy Class XI Chapter 1 Accounting Fundamentals explains accounting meaning objectives advantages limitations double entry system clearly.

View Details

Accounting Fundamentals 1

Capital employed in a business is Rs. 150000. Profit gained was Rs. 50000/-and the normal rate of profit is 20%. The amo

Rs. 100000 correct accounting fundamental; capital revenue classification per accounting principles.

Ref: NCERT Accountancy Class XI Chapter 1 Accounting Fundamentals explains accounting meaning objectives advantages limitations double entry system clearly.

View Details

Marketing Management 2

If a firm has decided to sell its product on cash basis only, it is part of firm's _________

Policy marketing correct; 4Ps product price place promotion create value.

Ref: NCERT Business Studies Class XII Chapter 11 Marketing Management covers marketing mix product price place promotion branding packaging decisions.

View Details

Marketing Management 1

______ is a short-term unsecured promissory note issued by reputed business organisations at a price lower than its face

Commercial paper marketing correct; 4Ps product price place promotion create value.

Ref: NCERT Business Studies Class XII Chapter 11 Marketing Management covers marketing mix product price place promotion branding packaging decisions.

View Details