1.

Select the most appropriate alternative from those given below and rewrite the sentences:i. The methodical classification of financial statement is called ________(a) an interpretation (b) an analysis (c) ratio (d) Profit and Loss A/cii. The short-term deposits are _________(a) net cash (b) cash equivalent (c) cashflow (d) cash outflowiii. Cash proceeds from issue of debentures is a _________ activity. (a) financial (b) non-financial (c) operating (d) tradingiv. The relationship between net profit before tax, interest and dividend and capital employed is known from ________(a) Current ratio (b) Quick ratio (c) ROI (d) ROCEv. Bills receivable is _________(a) Liquid asset (b) Net profit (c) Current asset (d) Net loss

Answer»

i. (b) an analysis

ii. (b) cash equivalent

iii. (a) financial

iv. (c) ROI

v. (c) Current asset



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