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Published on: 02/09/2022
QB365 provides a detailed and simple solution for every Possible Book Back Questions in Class 12 Accountancy Subject - Ratio Analysis, English Medium. It will help Students to get more practice questions, Students can Practice these question papers in addition to score best marks.
Download Tamil Nadu 12th Standard Accountancy question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Accountancy Test

1.
Cost of revenue from operations Rs. 3,00,000; Inventory in the beginning of the year Rs. 60,000; Inventory at the close of the year Rs. 40,000. Inventory turnover ratio is
2 times
3 times
6 times
8 times
2.
Current liabilities Rs. 40,000; Current assets Rs. 1,00,000 ; Inventory Rs. 20,000. Quick ratio is
1:1
2.5:1
2:1
1:2
3.
Which one of the following is not correctly matched?
Liquid ratio – Proportion
Gross profit ratio – Percentage
Fixed assets turnover ratio – Percentage
Debt-equity ratio – Proportion
4.
Proportion of share holder's funds to total assets is called
Proprietary ratio
Capital gearing ratio
Debt equity ratio
Current ratio
5.
To test the liquidity of a concern, which of the following ratios are useful?
(i) Quick ratio
(ii) Net profit ratio
(iii) Debt-equity ratio
(iv) Current ratio
Select the correct answer using the codes given below:
(i) and (ii)
(i) and (iv)
(ii) and (iii)
(ii) and (iv)
6.
7.
Debt equity ratio is a measure of
Short term solvency
Long term solvency
Profitability
Efficiency
8.
Current assets excluding inventory and prepaid expenses is called
Reserves
Tangible assets
Funds
Quick assets
9.
Current ratio indicates
Ability to meet short term obligations
Efficiency of management
Profitability
Long term solvency
10.
The mathematical expression that provides a measure of the relationship between two figures is called
Conclusion
Ratio
Model
Decision
1.
(c)
6 times
2.
(c)
2:1
3.
(c)
Fixed assets turnover ratio – Percentage
4.
(a)
Proprietary ratio
5.
(b)
(i) and (iv)
6.
(a)
7.
(b)
Long term solvency
8.
(d)
Quick assets
9.
(a)
Ability to meet short term obligations
10.
(b)
Ratio
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