Most Important & Most Repeated MCQs

  • Profitability ratio
  • Long term solvency ratio
  • Short term solvency ratio
  • Turnover ratio
  • c
  • At market price
  • At cost or market whichever is less
  • At cost price
  • At cost less market price
  • b
  • 20
  • 40
  • 60
  • 70
  • a
  • There may be minimum 02 and maximum 20 partners in a Partnership Business.

  • Investments
  • Assets
  • Capital
  • Reserves
  • C
  • Equity Shareholders are called Owner of the firm / Organization / Company.

  • To value the property of the company
  • To help people make decisions about resource allocation
  • To show managers the results of their departments
  • To show the value of shares in the company
  • b
  • Financial Report / Statement represents the position of business.