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This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your Class 12 knowledge and support exam preparation. Choose a topic below to get started.
| 151. |
Why depreciation and liabilites written back are not considered in Cash Flow Statement ? |
| Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :They are not <a href="https://interviewquestions.tuteehub.com/tag/considered-7257760" style="font-weight:bold;" target="_blank" title="Click to know more about CONSIDERED">CONSIDERED</a> because they are <a href="https://interviewquestions.tuteehub.com/tag/non-580180" style="font-weight:bold;" target="_blank" title="Click to know more about NON">NON</a> <a href="https://interviewquestions.tuteehub.com/tag/cash-910172" style="font-weight:bold;" target="_blank" title="Click to know more about CASH">CASH</a> <a href="https://interviewquestions.tuteehub.com/tag/transactions-18175" style="font-weight:bold;" target="_blank" title="Click to know more about TRANSACTIONS">TRANSACTIONS</a> .</body></html> | |
| 152. |
Why are ''Reserves & Surplus'' distributed at the time of reconstitution on firm? |
| Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :These belong to <a href="https://interviewquestions.tuteehub.com/tag/old-585313" style="font-weight:bold;" target="_blank" title="Click to know more about OLD">OLD</a> partner. As such, these should be <a href="https://interviewquestions.tuteehub.com/tag/distributed-956878" style="font-weight:bold;" target="_blank" title="Click to know more about DISTRIBUTED">DISTRIBUTED</a> <a href="https://interviewquestions.tuteehub.com/tag/among-374776" style="font-weight:bold;" target="_blank" title="Click to know more about AMONG">AMONG</a> them.</body></html> | |
| 153. |
Why are loose tools, stores and spares not included in Current Assets while calculating Liquidity Ratios? |
| Answer» <html><body><p></p>Solution : Loose tools, stores and <a href="https://interviewquestions.tuteehub.com/tag/spares-1219989" style="font-weight:bold;" target="_blank" title="Click to know more about SPARES">SPARES</a> are not included in Current Assets while <a href="https://interviewquestions.tuteehub.com/tag/calculating-406701" style="font-weight:bold;" target="_blank" title="Click to know more about CALCULATING">CALCULATING</a> Liquidity Ratios because they are not <a href="https://interviewquestions.tuteehub.com/tag/held-7620091" style="font-weight:bold;" target="_blank" title="Click to know more about HELD">HELD</a> with the purpose ofConversion into Cash and Cash <a href="https://interviewquestions.tuteehub.com/tag/equivalents-974752" style="font-weight:bold;" target="_blank" title="Click to know more about EQUIVALENTS">EQUIVALENTS</a>.</body></html> | |
| 154. |
Why are reserves and accumulated profits credited to the partner's capital accounts in case of change in profit sharing ratio amongst the existing partners? |
| Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :Reserves and accumulated profits are <a href="https://interviewquestions.tuteehub.com/tag/credited-7316860" style="font-weight:bold;" target="_blank" title="Click to know more about CREDITED">CREDITED</a> to the capital accounts of all partners in their old profits sharing ratio because they have been set apart out of the profits earned in the period before change. If they are not <a href="https://interviewquestions.tuteehub.com/tag/adjusted-7661905" style="font-weight:bold;" target="_blank" title="Click to know more about ADJUSTED">ADJUSTED</a> at present, they will get adjusted later in their new profit sharing ratio which will result in loss to <a href="https://interviewquestions.tuteehub.com/tag/sacrificing-7711813" style="font-weight:bold;" target="_blank" title="Click to know more about SACRIFICING">SACRIFICING</a> partner and <a href="https://interviewquestions.tuteehub.com/tag/gain-469945" style="font-weight:bold;" target="_blank" title="Click to know more about GAIN">GAIN</a> to the gaining partner.</body></html> | |
| 155. |
Why are investors interested in analysing Financial Statement?OrState the interest of investors in the Analysis of Financial Statements. |
| Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :Investors are <a href="https://interviewquestions.tuteehub.com/tag/interested-2743488" style="font-weight:bold;" target="_blank" title="Click to know more about INTERESTED">INTERESTED</a> in <a href="https://interviewquestions.tuteehub.com/tag/analysing-874205" style="font-weight:bold;" target="_blank" title="Click to know more about ANALYSING">ANALYSING</a> the Financial Statement to <a href="https://interviewquestions.tuteehub.com/tag/assess-384299" style="font-weight:bold;" target="_blank" title="Click to know more about ASSESS">ASSESS</a> the <a href="https://interviewquestions.tuteehub.com/tag/safety-1193265" style="font-weight:bold;" target="_blank" title="Click to know more about SAFETY">SAFETY</a> of their investments and reurn.</body></html> | |
| 156. |
Why are inventories not considered as Quick Assets? |
| Answer» <html><body><p></p>Solution :(i) There is uncertainty as to <a href="https://interviewquestions.tuteehub.com/tag/whether-7262895" style="font-weight:bold;" target="_blank" title="Click to know more about WHETHER">WHETHER</a> or not and at what <a href="https://interviewquestions.tuteehub.com/tag/price-1165141" style="font-weight:bold;" target="_blank" title="Click to know more about PRICE">PRICE</a> the inventories can be sold. <br/>(ii) Time is required to <a href="https://interviewquestions.tuteehub.com/tag/convert-425734" style="font-weight:bold;" target="_blank" title="Click to know more about CONVERT">CONVERT</a> the raw-materials into finished goods and <a href="https://interviewquestions.tuteehub.com/tag/selling-25929" style="font-weight:bold;" target="_blank" title="Click to know more about SELLING">SELLING</a> them to convert into <a href="https://interviewquestions.tuteehub.com/tag/cash-910172" style="font-weight:bold;" target="_blank" title="Click to know more about CASH">CASH</a> and Cash Equivalents.</body></html> | |
| 157. |
Who should compensate whom in case of a change in Profit-sharing Ratio of existing partneers? |
| Answer» <html><body><p></p>Solution :Gaining Partner(s) (i.e., the partner whose share in profit has increased due to change in profit-sharing ratio) <a href="https://interviewquestions.tuteehub.com/tag/compensates-925498" style="font-weight:bold;" target="_blank" title="Click to know more about COMPENSATES">COMPENSATES</a> the <a href="https://interviewquestions.tuteehub.com/tag/sacrificing-7711813" style="font-weight:bold;" target="_blank" title="Click to know more about SACRIFICING">SACRIFICING</a> partners (i.e., partnes whose share in profit is <a href="https://interviewquestions.tuteehub.com/tag/decreased-7266469" style="font-weight:bold;" target="_blank" title="Click to know more about DECREASED">DECREASED</a> due to change in profit-sharing ratio)by paying amount <a href="https://interviewquestions.tuteehub.com/tag/proportionate-1170321" style="font-weight:bold;" target="_blank" title="Click to know more about PROPORTIONATE">PROPORTIONATE</a> to the value of firm's Goodwill.</body></html> | |
| 158. |
Why are bank charges charged by the bank not included in finance costs? |
| Answer» <html><body><p><br/></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :Bank charges are not included in finance <a href="https://interviewquestions.tuteehub.com/tag/costs-25578" style="font-weight:bold;" target="_blank" title="Click to know more about COSTS">COSTS</a> because they are not <a href="https://interviewquestions.tuteehub.com/tag/incurred-2733406" style="font-weight:bold;" target="_blank" title="Click to know more about INCURRED">INCURRED</a> on borrowings but are cost of availing the services of the bank such as charges for getting a draft <a href="https://interviewquestions.tuteehub.com/tag/made-3718337" style="font-weight:bold;" target="_blank" title="Click to know more about MADE">MADE</a>.</body></html> | |
| 159. |
Who of the following is not the Internal User of Financial Statements ? |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/creditors-938665" style="font-weight:bold;" target="_blank" title="Click to know more about CREDITORS">CREDITORS</a><br/>Shareholders<br/>Management<br/>Employees</p>Solution :Creditors</body></html> | |
| 160. |
Who are the users of Accouting information ? |
| Answer» <html><body><p></p>Solution :The user of Accounting informationinclude present and potenal investors, mangment ,emlopyees,lenders, suppliers and other <a href="https://interviewquestions.tuteehub.com/tag/trade-711631" style="font-weight:bold;" target="_blank" title="Click to know more about TRADE">TRADE</a> Creditors ,<a href="https://interviewquestions.tuteehub.com/tag/customer-25462" style="font-weight:bold;" target="_blank" title="Click to know more about CUSTOMER">CUSTOMER</a> <a href="https://interviewquestions.tuteehub.com/tag/government-1010037" style="font-weight:bold;" target="_blank" title="Click to know more about GOVERNMENT">GOVERNMENT</a> and its agencies and the <a href="https://interviewquestions.tuteehub.com/tag/public-11897" style="font-weight:bold;" target="_blank" title="Click to know more about PUBLIC">PUBLIC</a> .</body></html> | |
| 161. |
Whlle preparing Common - size Income Statement , each item of Income Statement is expressed as % of |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/revenue-1188040" style="font-weight:bold;" target="_blank" title="Click to know more about REVENUE">REVENUE</a> from <a href="https://interviewquestions.tuteehub.com/tag/operations-793" style="font-weight:bold;" target="_blank" title="Click to know more about OPERATIONS">OPERATIONS</a>.<br/>Other income.<br/>Total Income.<br/>Profit before Tax.</p>Solution :Revenue from Operations.</body></html> | |
| 162. |
Whlch of the following represent capital receipt : |
| Answer» <html><body><p>Life <a href="https://interviewquestions.tuteehub.com/tag/membership-1093211" style="font-weight:bold;" target="_blank" title="Click to know more about MEMBERSHIP">MEMBERSHIP</a> <a href="https://interviewquestions.tuteehub.com/tag/subscription-1231325" style="font-weight:bold;" target="_blank" title="Click to know more about SUBSCRIPTION">SUBSCRIPTION</a> <br/>Donation <br/>Subscription <br/>Interest on <a href="https://interviewquestions.tuteehub.com/tag/investments-25466" style="font-weight:bold;" target="_blank" title="Click to know more about INVESTMENTS">INVESTMENTS</a> </p><a href="https://interviewquestions.tuteehub.com/tag/answer-15557" style="font-weight:bold;" target="_blank" title="Click to know more about ANSWER">ANSWER</a> :A</body></html> | |
| 163. |
While preparing the Cash Flow Statement of Sharda Ltd. 'Depreciation provided on fixed assets' was added to net profit to calculate Cash Flow from Operating Activities. Was the accountant correct in doing so? Give reason.Or The accountant of Manav Ltd. while preparing Cash Flow Statement added depreciation provided on fixed assets to net profit for calculating Cash Flow from Operating Activities. Was the accountant correct in doing so? Give reason. |
| Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :<a href="https://interviewquestions.tuteehub.com/tag/yes-749457" style="font-weight:bold;" target="_blank" title="Click to know more about YES">YES</a>, the accountant of <a href="https://interviewquestions.tuteehub.com/tag/sharda-641514" style="font-weight:bold;" target="_blank" title="Click to know more about SHARDA">SHARDA</a> Ltd./Manav Ltd. Was correct because 'Depreciation provided on fixed assets' is a non-cash <a href="https://interviewquestions.tuteehub.com/tag/expense-980253" style="font-weight:bold;" target="_blank" title="Click to know more about EXPENSE">EXPENSE</a>.</body></html> | |
| 164. |
While preparing the Cash Flow Statement of Alka Ltd. 'dividend paid' was shown as an Operating Activity by the accountant of the company. Was he correct in doing so? Give reason. |
| Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :No, the accountant of Alka <a href="https://interviewquestions.tuteehub.com/tag/ltd-545313" style="font-weight:bold;" target="_blank" title="Click to know more about LTD">LTD</a>. Was not correct because 'dividend paid' is a Financing <a href="https://interviewquestions.tuteehub.com/tag/activity-25667" style="font-weight:bold;" target="_blank" title="Click to know more about ACTIVITY">ACTIVITY</a> not an <a href="https://interviewquestions.tuteehub.com/tag/operating-1136761" style="font-weight:bold;" target="_blank" title="Click to know more about OPERATING">OPERATING</a> Activity (i.e., principal revenue producing activity).</body></html> | |
| 165. |
Whiletransferringassets to realisationaccount ………………. Isomitted tobe transferred : |
| Answer» <html><body><p>Patents<br/>Goodwill<br/>Cash <br/>Investments</p>Answer :<a href="https://interviewquestions.tuteehub.com/tag/c-7168" style="font-weight:bold;" target="_blank" title="Click to know more about C">C</a></body></html> | |
| 166. |
while preparing the Balance Sheet of a compnay 'Securities Premium' is shown under : |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/current-940804" style="font-weight:bold;" target="_blank" title="Click to know more about CURRENT">CURRENT</a> Liability<br/>Share Capital<br/>Long-term <a href="https://interviewquestions.tuteehub.com/tag/borrowings-901274" style="font-weight:bold;" target="_blank" title="Click to know more about BORROWINGS">BORROWINGS</a> <br/><a href="https://interviewquestions.tuteehub.com/tag/none-580659" style="font-weight:bold;" target="_blank" title="Click to know more about NONE">NONE</a> of the above</p>Answer :D</body></html> | |
| 167. |
While preparing Common - size Balance , each item of Balance Sheet is expressed as % of |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/current-940804" style="font-weight:bold;" target="_blank" title="Click to know more about CURRENT">CURRENT</a> <a href="https://interviewquestions.tuteehub.com/tag/assets-885948" style="font-weight:bold;" target="_blank" title="Click to know more about ASSETS">ASSETS</a>.<br/>Non - current Assets.<br/>Non - current Liabilities.<br/><a href="https://interviewquestions.tuteehub.com/tag/total-711110" style="font-weight:bold;" target="_blank" title="Click to know more about TOTAL">TOTAL</a> Assets.</p>Solution :Total Assets.</body></html> | |
| 168. |
While preparing the Balance Sheet of a Company which item is shown under the head 'Long term Borrowings' ? |
| Answer» <html><body><p>6% <a href="https://interviewquestions.tuteehub.com/tag/debentures-945417" style="font-weight:bold;" target="_blank" title="Click to know more about DEBENTURES">DEBENTURES</a> <br/><a href="https://interviewquestions.tuteehub.com/tag/security-11642" style="font-weight:bold;" target="_blank" title="Click to know more about SECURITY">SECURITY</a> Premium Reserve <br/><a href="https://interviewquestions.tuteehub.com/tag/trade-711631" style="font-weight:bold;" target="_blank" title="Click to know more about TRADE">TRADE</a> Payables<br/>None of the above</p>Answer :A</body></html> | |
| 169. |
While preparing Cash Flow Statement, what type of activity is 'Payment of cash to acquire shares of another company by a trading company? |
| Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :<a href="https://interviewquestions.tuteehub.com/tag/investing-1050800" style="font-weight:bold;" target="_blank" title="Click to know more about INVESTING">INVESTING</a> <a href="https://interviewquestions.tuteehub.com/tag/activity-25667" style="font-weight:bold;" target="_blank" title="Click to know more about ACTIVITY">ACTIVITY</a>.</body></html> | |
| 170. |
While preparing Cash Flow Statement, the accountant of 'Rachana Ltd'. A financing company, included 'Interest received on loan' in Financing Activities.Was he correct in doing so? Give reason. |
| Answer» <html><body><p></p>Solution :No, the accountant was not correct because 'Interest received on <a href="https://interviewquestions.tuteehub.com/tag/loan-1076737" style="font-weight:bold;" target="_blank" title="Click to know more about LOAN">LOAN</a>' for a <a href="https://interviewquestions.tuteehub.com/tag/financing-989014" style="font-weight:bold;" target="_blank" title="Click to know more about FINANCING">FINANCING</a> <a href="https://interviewquestions.tuteehub.com/tag/company-924982" style="font-weight:bold;" target="_blank" title="Click to know more about COMPANY">COMPANY</a> is an Operating <a href="https://interviewquestions.tuteehub.com/tag/activity-25667" style="font-weight:bold;" target="_blank" title="Click to know more about ACTIVITY">ACTIVITY</a> and not a Financing Activity.</body></html> | |
| 171. |
While preparing Cash Flow Statement, the accountant of a financing company showed 'Dividend Received Rs. 50,000 on investments' as an Investing Activity'. Was he correct in doing so? Give reason. |
| Answer» <html><body><p></p>Solution :No, the accountant was not <a href="https://interviewquestions.tuteehub.com/tag/correct-409949" style="font-weight:bold;" target="_blank" title="Click to know more about CORRECT">CORRECT</a> because 'Dividend Received Rs. 50,000' is an Operating <a href="https://interviewquestions.tuteehub.com/tag/activity-25667" style="font-weight:bold;" target="_blank" title="Click to know more about ACTIVITY">ACTIVITY</a> for a <a href="https://interviewquestions.tuteehub.com/tag/finance-156" style="font-weight:bold;" target="_blank" title="Click to know more about FINANCE">FINANCE</a> company and not an Investing Activity.</body></html> | |
| 172. |
While calculating profit which will be added to net profit: |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/profit-1168589" style="font-weight:bold;" target="_blank" title="Click to know more about PROFIT">PROFIT</a> on Sale of <a href="https://interviewquestions.tuteehub.com/tag/asset-885901" style="font-weight:bold;" target="_blank" title="Click to know more about ASSET">ASSET</a> <br/>Increases in General Reserves <br/>Interest received<br/>Refund of Tax</p>Answer :<a href="https://interviewquestions.tuteehub.com/tag/b-387190" style="font-weight:bold;" target="_blank" title="Click to know more about B">B</a></body></html> | |
| 173. |
While calculating operating profit which will be added to net profit: |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/preliminary-604862" style="font-weight:bold;" target="_blank" title="Click to know more about PRELIMINARY">PRELIMINARY</a> <a href="https://interviewquestions.tuteehub.com/tag/expenses-980258" style="font-weight:bold;" target="_blank" title="Click to know more about EXPENSES">EXPENSES</a> <a href="https://interviewquestions.tuteehub.com/tag/written-732709" style="font-weight:bold;" target="_blank" title="Click to know more about WRITTEN">WRITTEN</a> off <br/>Depreciation <br/>Loss on Sale of Asset <br/>All of the above </p><a href="https://interviewquestions.tuteehub.com/tag/answer-15557" style="font-weight:bold;" target="_blank" title="Click to know more about ANSWER">ANSWER</a> :D</body></html> | |
| 174. |
While calculating cash flow from operating activities which will be added: |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/increase-1040383" style="font-weight:bold;" target="_blank" title="Click to know more about INCREASE">INCREASE</a> in Inventory<br/>Increase in Creditors<br/>Devrease in Billls <a href="https://interviewquestions.tuteehub.com/tag/payable-597657" style="font-weight:bold;" target="_blank" title="Click to know more about PAYABLE">PAYABLE</a> <br/>Increase in <a href="https://interviewquestions.tuteehub.com/tag/trade-711631" style="font-weight:bold;" target="_blank" title="Click to know more about TRADE">TRADE</a> Receivables</p>Answer :<a href="https://interviewquestions.tuteehub.com/tag/b-387190" style="font-weight:bold;" target="_blank" title="Click to know more about B">B</a></body></html> | |
| 175. |
While calculating cash flow from operating activities which will be deducted: |
| Answer» <html><body><p>Decrease in Prepaid <a href="https://interviewquestions.tuteehub.com/tag/expenses-980258" style="font-weight:bold;" target="_blank" title="Click to know more about EXPENSES">EXPENSES</a> <br/><a href="https://interviewquestions.tuteehub.com/tag/increase-1040383" style="font-weight:bold;" target="_blank" title="Click to know more about INCREASE">INCREASE</a> in <a href="https://interviewquestions.tuteehub.com/tag/payables-1149212" style="font-weight:bold;" target="_blank" title="Click to know more about PAYABLES">PAYABLES</a> <br/>Increase in Trade <a href="https://interviewquestions.tuteehub.com/tag/receivables-1179278" style="font-weight:bold;" target="_blank" title="Click to know more about RECEIVABLES">RECEIVABLES</a> <br/>Decrease in Trade Receivables</p>Answer :C</body></html> | |
| 176. |
Which type of income and expenses are recorded in Income and Expenditure Account? |
| Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :Both <a href="https://interviewquestions.tuteehub.com/tag/cash-910172" style="font-weight:bold;" target="_blank" title="Click to know more about CASH">CASH</a> and non-cash expenses and <a href="https://interviewquestions.tuteehub.com/tag/revenue-1188040" style="font-weight:bold;" target="_blank" title="Click to know more about REVENUE">REVENUE</a> income are recorded in the Income and Expenditure Account.</body></html> | |
| 177. |
Which technique of financial analysis shows a comparative study of items or components of financial statements for two or more years? |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/common-923599" style="font-weight:bold;" target="_blank" title="Click to know more about COMMON">COMMON</a> - <a href="https://interviewquestions.tuteehub.com/tag/size-1211196" style="font-weight:bold;" target="_blank" title="Click to know more about SIZE">SIZE</a> Statement.<br/>Ratio Analysis.<br/>ComparativeStatement.<br/>None of these.</p>Solution :ComparativeStatement.</body></html> | |
| 178. |
Which segment is the best segment of the Company ? |
| Answer» <html><body><p></p>Solution :FMCG-Cigraretters and Other is the <a href="https://interviewquestions.tuteehub.com/tag/best-390038" style="font-weight:bold;" target="_blank" title="Click to know more about BEST">BEST</a> <a href="https://interviewquestions.tuteehub.com/tag/segment-1199331" style="font-weight:bold;" target="_blank" title="Click to know more about SEGMENT">SEGMENT</a> ,because it <a href="https://interviewquestions.tuteehub.com/tag/contributes-932548" style="font-weight:bold;" target="_blank" title="Click to know more about CONTRIBUTES">CONTRIBUTES</a> about <a href="https://interviewquestions.tuteehub.com/tag/86-339622" style="font-weight:bold;" target="_blank" title="Click to know more about 86">86</a>% to the profit of the company</body></html> | |
| 179. |
Which segment has highest revenue |
| Answer» <html><body><p></p>Solution :FMCG- Cigarettessegment has <a href="https://interviewquestions.tuteehub.com/tag/highest-1022683" style="font-weight:bold;" target="_blank" title="Click to know more about HIGHEST">HIGHEST</a> revenue it has <a href="https://interviewquestions.tuteehub.com/tag/around-5602275" style="font-weight:bold;" target="_blank" title="Click to know more about AROUND">AROUND</a> <a href="https://interviewquestions.tuteehub.com/tag/43-316498" style="font-weight:bold;" target="_blank" title="Click to know more about 43">43</a>% revenue to thetotal revenue from <a href="https://interviewquestions.tuteehub.com/tag/operations-793" style="font-weight:bold;" target="_blank" title="Click to know more about OPERATIONS">OPERATIONS</a> of the campany</body></html> | |
| 180. |
Which ratio is not a part of SolvencyRatio? |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/current-940804" style="font-weight:bold;" target="_blank" title="Click to know more about CURRENT">CURRENT</a> <a href="https://interviewquestions.tuteehub.com/tag/ratio-13379" style="font-weight:bold;" target="_blank" title="Click to know more about RATIO">RATIO</a><br/><a href="https://interviewquestions.tuteehub.com/tag/debt-945460" style="font-weight:bold;" target="_blank" title="Click to know more about DEBT">DEBT</a> to <a href="https://interviewquestions.tuteehub.com/tag/equity-974514" style="font-weight:bold;" target="_blank" title="Click to know more about EQUITY">EQUITY</a> Ratio<br/>Total <a href="https://interviewquestions.tuteehub.com/tag/assets-885948" style="font-weight:bold;" target="_blank" title="Click to know more about ASSETS">ASSETS</a> to Debt Ratio<br/>Proprietary Ratio</p>Solution :Current Ratio</body></html> | |
| 181. |
Which ratio is not a part of Solvency Ratio ? |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/current-940804" style="font-weight:bold;" target="_blank" title="Click to know more about CURRENT">CURRENT</a> <a href="https://interviewquestions.tuteehub.com/tag/ratio-13379" style="font-weight:bold;" target="_blank" title="Click to know more about RATIO">RATIO</a><br/><a href="https://interviewquestions.tuteehub.com/tag/debt-945460" style="font-weight:bold;" target="_blank" title="Click to know more about DEBT">DEBT</a> to <a href="https://interviewquestions.tuteehub.com/tag/equity-974514" style="font-weight:bold;" target="_blank" title="Click to know more about EQUITY">EQUITY</a> Ratio<br/>Total <a href="https://interviewquestions.tuteehub.com/tag/assets-885948" style="font-weight:bold;" target="_blank" title="Click to know more about ASSETS">ASSETS</a> to Debt Ratio<br/>Proprietary Ratio</p>Solution :Current Ratio</body></html> | |
| 182. |
Which purchases are shown under Purchases of Stock-in-Trade? |
| Answer» <html><body><p><br/></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :N/a</body></html> | |
| 183. |
Which preparing the Balance Sheet of a company 'Underwriting Commission' is shown under which head ? |
| Answer» <html><body><p>Unamortized Expenditure<br/>Current Assets<br/>Non-Current Assets<br/>Current Liability</p>Answer :A</body></html> | |
| 184. |
Which one of the following items is shown under the heading 'current liabilities' in the Balance Sheet of a company? |
| Answer» <html><body><p>Investments<br/>Reserve Funds<br/>Unclaimed <a href="https://interviewquestions.tuteehub.com/tag/dividend-957360" style="font-weight:bold;" target="_blank" title="Click to know more about DIVIDEND">DIVIDEND</a> <br/>Livestock</p>Answer :<a href="https://interviewquestions.tuteehub.com/tag/c-7168" style="font-weight:bold;" target="_blank" title="Click to know more about C">C</a></body></html> | |
| 185. |
Which one of the following items is not a tool used for financial analysis ? |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/comparative-423427" style="font-weight:bold;" target="_blank" title="Click to know more about COMPARATIVE">COMPARATIVE</a> Statements<br/>Ratio Analysis<br/>Common <a href="https://interviewquestions.tuteehub.com/tag/size-1211196" style="font-weight:bold;" target="_blank" title="Click to know more about SIZE">SIZE</a> Statements<br/>Statement of <a href="https://interviewquestions.tuteehub.com/tag/dividend-957360" style="font-weight:bold;" target="_blank" title="Click to know more about DIVIDEND">DIVIDEND</a> Distribution</p>Answer :D</body></html> | |
| 186. |
Which one of the following items is not a method/tool of analysis of financial statements ? |
| Answer» <html><body><p>Accounting Ratio<br/>Break Even Point<br/>Statement of <a href="https://interviewquestions.tuteehub.com/tag/receipts-1179271" style="font-weight:bold;" target="_blank" title="Click to know more about RECEIPTS">RECEIPTS</a> and Payments<br/>Fund <a href="https://interviewquestions.tuteehub.com/tag/flow-993213" style="font-weight:bold;" target="_blank" title="Click to know more about FLOW">FLOW</a> Statement</p>Answer :C</body></html> | |
| 187. |
Which one of the following is tool of financial analysis ? |
| Answer» <html><body><p>ComparativeStatement.<br/>Common - <a href="https://interviewquestions.tuteehub.com/tag/size-1211196" style="font-weight:bold;" target="_blank" title="Click to know more about SIZE">SIZE</a> Statements.<br/>Cash <a href="https://interviewquestions.tuteehub.com/tag/flow-993213" style="font-weight:bold;" target="_blank" title="Click to know more about FLOW">FLOW</a> Statement<br/>All of these.</p>Solution :All of these.</body></html> | |
| 188. |
Which one of the following is Commitment ? |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/proposed-1170346" style="font-weight:bold;" target="_blank" title="Click to know more about PROPOSED">PROPOSED</a> Dividend<br/>Interim Dividend<br/>Unpaid/Unclaimed Dividend<br/>Dividend <a href="https://interviewquestions.tuteehub.com/tag/arrears-884669" style="font-weight:bold;" target="_blank" title="Click to know more about ARREARS">ARREARS</a> on <a href="https://interviewquestions.tuteehub.com/tag/cumulative-428447" style="font-weight:bold;" target="_blank" title="Click to know more about CUMULATIVE">CUMULATIVE</a> <a href="https://interviewquestions.tuteehub.com/tag/prefernce-2948698" style="font-weight:bold;" target="_blank" title="Click to know more about PREFERNCE">PREFERNCE</a> Shares</p>Answer :D</body></html> | |
| 189. |
Which one of the following items is not a part of subscribed capital ? |
| Answer» <html><body><p>Equity <a href="https://interviewquestions.tuteehub.com/tag/shares-1204908" style="font-weight:bold;" target="_blank" title="Click to know more about SHARES">SHARES</a><br/>Preference Shares <br/><a href="https://interviewquestions.tuteehub.com/tag/forfeited-7681535" style="font-weight:bold;" target="_blank" title="Click to know more about FORFEITED">FORFEITED</a> Shares <br/><a href="https://interviewquestions.tuteehub.com/tag/bonus-900742" style="font-weight:bold;" target="_blank" title="Click to know more about BONUS">BONUS</a> Shares </p>Answer :C</body></html> | |
| 190. |
Which one fo the following items is not a method/tool of analysis of financial statements ? |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/trend-661829" style="font-weight:bold;" target="_blank" title="Click to know more about TREND">TREND</a> Analysis<br/>Cash <a href="https://interviewquestions.tuteehub.com/tag/flow-993213" style="font-weight:bold;" target="_blank" title="Click to know more about FLOW">FLOW</a> Statement<br/>Comparative Statements<br/></p>Answer :<a href="https://interviewquestions.tuteehub.com/tag/b-387190" style="font-weight:bold;" target="_blank" title="Click to know more about B">B</a></body></html> | |
| 191. |
Which of the following transactions will improve the quick ratio? |
| Answer» <html><body><p>Sale of <a href="https://interviewquestions.tuteehub.com/tag/goods-1009877" style="font-weight:bold;" target="_blank" title="Click to know more about GOODS">GOODS</a> for <a href="https://interviewquestions.tuteehub.com/tag/cash-910172" style="font-weight:bold;" target="_blank" title="Click to know more about CASH">CASH</a> <br/>Sale of goods on credit<br/>Issue of new <a href="https://interviewquestions.tuteehub.com/tag/shares-1204908" style="font-weight:bold;" target="_blank" title="Click to know more about SHARES">SHARES</a> for cash <br/>All of the Above </p><a href="https://interviewquestions.tuteehub.com/tag/answer-15557" style="font-weight:bold;" target="_blank" title="Click to know more about ANSWER">ANSWER</a> :D</body></html> | |
| 192. |
Which of the following transactions will improve the Current Ratio: |
| Answer» <html><body><p>Cash Collected from Trade Receivables <br/><a href="https://interviewquestions.tuteehub.com/tag/purchase-1172709" style="font-weight:bold;" target="_blank" title="Click to know more about PURCHASE">PURCHASE</a> of <a href="https://interviewquestions.tuteehub.com/tag/goods-1009877" style="font-weight:bold;" target="_blank" title="Click to know more about GOODS">GOODS</a> for cash <br/>Payment to Trade <a href="https://interviewquestions.tuteehub.com/tag/payables-1149212" style="font-weight:bold;" target="_blank" title="Click to know more about PAYABLES">PAYABLES</a> <br/>Credit purchase of Goods</p>Answer :C</body></html> | |
| 193. |
Which of the following statement is false : |
| Answer» <html><body><p>A - A Company can <a href="https://interviewquestions.tuteehub.com/tag/issue-1052603" style="font-weight:bold;" target="_blank" title="Click to know more about ISSUE">ISSUE</a> redeemable debentures.<br/><a href="https://interviewquestions.tuteehub.com/tag/b-387190" style="font-weight:bold;" target="_blank" title="Click to know more about B">B</a> - A Company can issue debentures with <a href="https://interviewquestions.tuteehub.com/tag/voting-1448301" style="font-weight:bold;" target="_blank" title="Click to know more about VOTING">VOTING</a> rights.<br/>C - A Company can issue convertible debentures.<br/>D - A Company can <a href="https://interviewquestions.tuteehub.com/tag/buy-391430" style="font-weight:bold;" target="_blank" title="Click to know more about BUY">BUY</a> its own debentures and shares.</p>Answer :B</body></html> | |
| 194. |
Which of the following statement is false ? |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/debenture-945411" style="font-weight:bold;" target="_blank" title="Click to know more about DEBENTURE">DEBENTURE</a> is a form of <a href="https://interviewquestions.tuteehub.com/tag/public-11897" style="font-weight:bold;" target="_blank" title="Click to know more about PUBLIC">PUBLIC</a> borrowing.<br/>It is customary to <a href="https://interviewquestions.tuteehub.com/tag/prefix-1163298" style="font-weight:bold;" target="_blank" title="Click to know more about PREFIX">PREFIX</a> debentures with the agreed rate of interest.<br/>Debenture interest is a <a href="https://interviewquestions.tuteehub.com/tag/charge-914384" style="font-weight:bold;" target="_blank" title="Click to know more about CHARGE">CHARGE</a> against profits.<br/> The issue <a href="https://interviewquestions.tuteehub.com/tag/price-1165141" style="font-weight:bold;" target="_blank" title="Click to know more about PRICE">PRICE</a> and redemption value of debentures cannot differ.</p>Answer :D</body></html> | |
| 195. |
Which of the following statement is correct ? |
| Answer» <html><body><p>Goodwill is a <a href="https://interviewquestions.tuteehub.com/tag/fictitious-987269" style="font-weight:bold;" target="_blank" title="Click to know more about FICTITIOUS">FICTITIOUS</a> <a href="https://interviewquestions.tuteehub.com/tag/asset-885901" style="font-weight:bold;" target="_blank" title="Click to know more about ASSET">ASSET</a><br/>Goodwill is a current asset<br/>Goodwill is a wasting asset<br/>Goodwill is an <a href="https://interviewquestions.tuteehub.com/tag/intangible-499512" style="font-weight:bold;" target="_blank" title="Click to know more about INTANGIBLE">INTANGIBLE</a> asset</p>Solution :Goodwill is an intangible asset</body></html> | |
| 196. |
Which of the following items will not be shown in profit and Loss Appropriation Account? |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/interest-13407" style="font-weight:bold;" target="_blank" title="Click to know more about INTEREST">INTEREST</a> on Capital<br/>Commission to a <a href="https://interviewquestions.tuteehub.com/tag/partner-1148214" style="font-weight:bold;" target="_blank" title="Click to know more about PARTNER">PARTNER</a><br/>Interest on Drawings<br/>Interest on Partner's <a href="https://interviewquestions.tuteehub.com/tag/loan-1076737" style="font-weight:bold;" target="_blank" title="Click to know more about LOAN">LOAN</a></p>Solution :Interest on Partner's Loan</body></html> | |
| 197. |
Which of the following items will not be shown in the debit of profit and Loss Appropriation Account? |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/interest-13407" style="font-weight:bold;" target="_blank" title="Click to know more about INTEREST">INTEREST</a> Capital<br/>Commission to a partner<br/>Interest on <a href="https://interviewquestions.tuteehub.com/tag/drawings-959513" style="font-weight:bold;" target="_blank" title="Click to know more about DRAWINGS">DRAWINGS</a><br/>Salary to partners</p>Solution :Interest on Drawings</body></html> | |
| 198. |
which of the following items is shown under the head 'Current Liabilities' while preparing the Balance Sheet of a company? |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/securities-1198959" style="font-weight:bold;" target="_blank" title="Click to know more about SECURITIES">SECURITIES</a> <a href="https://interviewquestions.tuteehub.com/tag/premium-2555" style="font-weight:bold;" target="_blank" title="Click to know more about PREMIUM">PREMIUM</a> Reserve<br/>Debentures<br/>Livestock<br/>None of the above</p>Answer :D</body></html> | |
| 199. |
Which of the following items will not be shown in the debits of Profit and Loss Appropriation Account ? |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/interest-13407" style="font-weight:bold;" target="_blank" title="Click to know more about INTEREST">INTEREST</a> on Capital<br/>Commission to a partner<br/>Interest on <a href="https://interviewquestions.tuteehub.com/tag/drawings-959513" style="font-weight:bold;" target="_blank" title="Click to know more about DRAWINGS">DRAWINGS</a><br/>Salary to partners</p>Solution :Interest on Drawings</body></html> | |
| 200. |
Which of the following items is shown under the head 'Current Asset' while preparing the Balance Sheet of a company ? |
| Answer» <html><body><p><a href="https://interviewquestions.tuteehub.com/tag/trade-711631" style="font-weight:bold;" target="_blank" title="Click to know more about TRADE">TRADE</a> <a href="https://interviewquestions.tuteehub.com/tag/investment-25469" style="font-weight:bold;" target="_blank" title="Click to know more about INVESTMENT">INVESTMENT</a> <br/><a href="https://interviewquestions.tuteehub.com/tag/underwriting-1436856" style="font-weight:bold;" target="_blank" title="Click to know more about UNDERWRITING">UNDERWRITING</a> Commission<br/>Inventories<br/>Livestock</p>Answer :<a href="https://interviewquestions.tuteehub.com/tag/c-7168" style="font-weight:bold;" target="_blank" title="Click to know more about C">C</a></body></html> | |