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41.
In common size Balance Sheet analysis we evaluate -
- A.Increase or decrease over two years is analyzed
- B.Only increase over two years is analyzed
- C.Only decrease over two years is analyzed
- D.All assets and liabilities are expressed in terms of percentage of total
- Answer
- Report
Answer : [D]
42.
According to Balance Sheet equation concept, the capital will be -
- A.Capital = Liabilities - Assets
- C.Capital = Assets - Liabilities
- B.Capital = Fixed Assets - Current Assets
- D.Capital = Assets + Liabilities
- Answer
- Report
Answer : [C]
43.
Final accounts prepared in narrative style are in -
- A.Horizontal form
- C.Vertical form
- B.Accounts form
- D.None of the above
- Answer
- Report
Answer : [C]
44.
The Branch of Accounting which is concerned with the processing and presenting data for decision making is known as -
- A.Common Dollar Accounting
- C.Cost Accounting
- B.Social Accounting
- D.Management Accounting
- Answer
- Report
Answer : [D]
45.
The object of 'Agenda' is to inform -
- A.About the profitability and activity
- B.About the progress of company
- C.About the matter in sequence to be discussed in the meeting
- D.About the routine matters
- Answer
- Report
Answer : [C]
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