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1.

Revenue from Operations Rs. 4,00,000 , Cost of Revenue from Operations 60% of Revenue from Operation, indirect expenses 15% of Gross Profit, Income Tax 40% . Calculate net profit after tax.A. Rs. 64,000B. Rs. 54,400C. Rs. 81,600D. Rs. 96,000

Answer» Correct Answer - C
Discussion
2.

Which objective is not fulfilled by comparative Statement of Profit & Loss :A. To compare the items of Statement of Profit & Loss of two yearsB. To know the absolute changes in items of Statement of Profit & LossC. To show the change in financial positionD. To know the percentage changes in items of Statement of Profit & Loss

Answer» Correct Answer - C
Discussion
3.

Fixed assests of a company increased from Rs 3,00,000 to Rs. 4,00,000 . What the percentage of change ?A. `25%`B. `33.3%`C. `20%`D. `40%`

Answer» Correct Answer - B
Discussion
4.

In which analysis total cost are equal to total rrevenue from Operations :A. Trend AnalysisB. Ratio AnalysisC. Break-Even Point AnalysisD. Fund Flow Statement Analysis

Answer» Correct Answer - C
Discussion
5.

Which analysis depicts the relationship between two figures :A. Ratio AnalysisB. Trend AnalysisC. Cumulative figures and averagesD. Dividend Analysis

Answer» Correct Answer - A
Discussion
6.

Which of the following is the objective of comparative Statements?A. To make the data simpler and understandableB. To indicate the trendC. To help in forecastingD. All of the above

Answer» Correct Answer - D
Discussion
7.

Comparative statement of Profit & Loss provides information about :A. Rate of increase or decrease in revenue from operationsB. Rate of increase or decrease in cost of revenue from of operationsC. Rate of increase or decrease in net profitD. All of the above

Answer» Correct Answer - D
Discussion
8.

Which of the following is device of comparative statements ?A. Comparison expressed in terms of absolute dataB. Comparison expressed in terms of percentagesC. Comparison expressed in terms of ratiosD. All of the above

Answer» Correct Answer - D
Discussion
9.

Comparative Balance Sheet :A. Provides a summarized view of the operations of the firmB. Presents the financial position of the firmC. Presents the change in various items of balance sheetD. None of the above

Answer» Correct Answer - C
Discussion
10.

Which of the following is not a from of persenting financial analysis :A. Absolute figure ComparisonB. Ratio MethodC. Cumulative figures and averagesD. Annual Report

Answer» Correct Answer - D
Discussion
11.

Which one of the following items is not a tool used for financial analysis ?A. Comparative StatementsB. Ratio AnalysisC. Common size StatementsD. Statement of Dividend Distribution

Answer» Correct Answer - D
Discussion
12.

The most commonly used tools for financial analysis are :A. Comparative StatementsB. Common size StatementsC. Accounting RatiosD. All of the above

Answer» Correct Answer - D
Discussion