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12th Standard Accounts Ratio Analysis English Medium Free Online Test One Mark Questions 2020 - 2021

12th Standard

    Reg.No. :
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Accountancy

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. The mathematical expression that provides a measure of the relationship between two figures is called

    (a)

    Conclusion

    (b)

    Ratio

    (c)

    Model

    (d)

    Decision

  2. Match List I with List II and select the correct answer using the codes given below:

    List I List II
    (i) Current ratio 1. Liquidity
    (ii) Net profit ratio 2. Efficiency
    (iii) Debt-equity ratio 3. Long term solvency
    (iv) Inventory turnover ratio 4. Profitability
    (a)
    (i) (ii) (iii) (iv)
    1 2 3 4
    (b)
    (i) (ii) (iii) (iv)
    1 4 3 2
    (c)
    (i) (ii) (iii) (iv)
    3 2 4 1
    (d)
    (i) (ii) (iii) (iv)
    4 3 2 1
  3. Proportion of share holder's funds to total assets is called

    (a)

    Proprietary ratio

    (b)

    Capital gearing ratio

    (c)

    Debt equity ratio

    (d)

    Current ratio

  4. Current liabilities Rs. 40,000; Current assets Rs. 1,00,000 ; Inventory Rs. 20,000. Quick ratio is

    (a)

    1:1

    (b)

    2.5:1

    (c)

    2:1

    (d)

    1:2

  5. The financial status and financial performance of business entities can be assessed through.

    (a)

    financial analysis

    (b)

    managerial analysis

    (c)

    cash flow statement

    (d)

    none of these

  6. If the two items in a ratio are from income statement, it is classified as

    (a)

    balance sheet ratio

    (b)

    income statement ratio

    (c)

    inter statement ratio

    (d)

    none of these

  7. All solvency ratios are expressed in term of

    (a)

    Proportion

    (b)

    Time

    (c)

    Money

    (d)

    Percentage

  8. Operating ratio is equal to

    (a)

    100 - Operating profit ratio

    (b)

    100 + Operating profit ratio

    (c)

    Operating cost

    (d)

    None of these

  9. Match List I with List II and Select the Correct Answer using the Codes given below.

    List I List II
    (i) Current assets 1. Acid test ratio
    (ii) Current liabilities 2. Longterm solvency position
    (iii) Quick ratio 3. Short term provisions
    (iv) Debt equity ratio 4. Inventories
    (a)
    (i) (ii) (iii) (iv)
    1 3 4 2
    (b)
    (i) (ii) (iii) (iv)
    4 3 1 2
    (c)
    (i) (ii) (iii) (iv)
    3 2 4 1
    (d)
    (i) (ii) (iii) (iv)
    2 3 1 4
  10. _____ is a mathematical expression of relationship between two related or interdependent items.

    (a)

    Ratio

    (b)

    Cheque

    (c)

    Cash

    (d)

    None of these

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