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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. 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-------------------------
2. Ratio of net profit before interest and tax to sales is------------------------------
3. Increase in prepaid expenses--------------------cash
4. Cash flow statement is prepared by taking the ------------- balance of cash
5. Net worth refers to owner’s--------------------------
6. Comparative statements are a form of ---------------------------
7. Equity includes --------------
8. Return on investment is a----------------
9. Study of the trend of the same items of two or more balance sheets
10. Financial Statements provide a summary of --------------------------
11. Decrease in current liabilities --------------------working capital
12. Collection of book debts-----
13. Which of the following is non-current asset
14. Lower stock turnover ratio indicates-------------------------------
15. 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 --------------
16. Decrease in a creditor is a---------------- of cash
17. The relationship between two amount or variables is measured with the help of ------------
18. Salary outstanding is----- of funds
19. Funds from operations are --------------of funds
20. Debt service ratio is also known as --------------
21. Cash from operations is equal to------------------
22. The ratio that highlight the end result of business activities are known as ---------------- ratios
23. Working capital is expressed as------
24. Current liabilities are equals to-------------------------------
25. Ratios indicate trends in important items and this helps in -----------

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