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Published on: 06/11/2020
12th Standard Accounts Ratio Analysis English Medium Free Online Test One Mark Questions with Answer Key 2020 - 2021
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.
_____ means the firm's ability to meet its liabilities in the long run.
Long term solvency
Short term solvency
Profitability
None of these
2.
______ gives the proportion of current assets to current liabilities of a business concern.
Current ratio
Turn over ratio
Quick ratio
None of these
3.
_____ is the most important and powerful tool for measuring performance of a business enterprise.
Cheque analysis
Ratio analysis
Fund flow statement
None of these
4.
Cost of goods sold is Rs.4,00,000 and average stock is Rs.8,00,00. Stock turnover ratio will be ___________
5 times
4 times
7 times
8 time
5.
Shareholder funds includes __________
Equity share capital, preference share capital, reserve and surplus
Loans from banks and financial institutions
Equity share capital, preference share capital, reserves & surplus and loans from banks
None of these
6.
Which ratio indicates the efficiency of utilisation of fixed assets?
Inventory turnover ratio
Trade receivables turnover ratio
Trade payables turnover ratio
Fixed assets turnover ratio
7.
If both items in a ratio are from balance sheet, it is classified as___________
Inter statement ratio
Income statement ratio
Balance sheet ratio
All of these
8.
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
9.
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)
10.
Current ratio indicates
Ability to meet short term obligations
Efficiency of management
Profitability
Long term solvency
1.
(a)
Long term solvency
2.
(a)
Current ratio
3.
(b)
Ratio analysis
4.
(a)
5 times
5.
(a)
Equity share capital, preference share capital, reserve and surplus
6.
(d)
Fixed assets turnover ratio
7.
(c)
Balance sheet ratio
8.
(c)
Fixed assets turnover ratio – Percentage
9.
(b)
(i) and (iv)
10.
(a)
Ability to meet short term obligations
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Tamilnadu Stateboard 12th Standard Subjects

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Chemistry

Physics

Biology

Computer Science

Business Maths and Statistics

Economics

Commerce

Accountancy

History

Computer Applications

Biology

Computer Technology

Computer Applications

Computer Science

Business Maths and Statistics

Commerce

Economics

Maths

Chemistry

Physics

Computer Technology

History

Accountancy

Tamil

English

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