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Management Accounting Review
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Avg score: 18% • Most missed: “Current liabilities are equals to-------------------------------”
Management Accounting Review
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25 Questions

1. Which of the following is non-current asset
2. Income tax payable come under ------------------
3. When one account is current and another a non-current It results in--------------------
4. Income statement ratios are also called -----------
5. Sale of patent is classified under---------
6. The ratios that shows the capacity of the business unit to meet its short term obligation out of its short term resources is known as --------------
7. Current ratio is an example of --------------------
8. Cash flow statement is based on past records, so it is---------in nature
9. Stock turn over ratio is an example of -------------------
10. Which of the following is a non-current liability
11. Debt equity ratio is an example of ---------------- ratios
12. Comparison of financial variables of a firm over a period of time is known as--------------
13. Current assets are Rs.6,00,000 current liabilities are Rs.3,00,000 the debtors realized Rs.40,000, the impact on net working capital would be-------------------------
14. Funds from operations are --------------of funds
15. Vertical analysis is also known as ------------------
16. The relationship between two amount or variables is measured with the help of ------------
17. Disclose accounting information
18. The ratio which shows the relationship b/w share holder’s fund and total assets
19. Current liabilities are equals to-------------------------------
20. Which of the following is an application of fund
21. Furniture sold for cash -----funds flow
22. AS-3 is related to
23. ----------- helps to disclose financial position
24. Expressed as a percentage of each asset to total
25. Fund flow refers to change in-----

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