The assets that can be easily converted into cash within a short period i. Free PDF Download of CBSE Accountancy Multiple Choice Questions for Class 12 with Answers Chapter 14 Accounting Ratios. Which of the following financial statements is also known as financial condition? Current assets. Discussion; RE: Preparation Of Funds Flow Statement - MCQs -praveen (08/21/20) Funds from operations = 2,80,000 Step by step Explanation: Funds from operations = Net income + intrest expense + Depreciation + Loss on the sale of companie's assets - intrest income - gain on the sale of companie's assets. This involves the cost incurred for transportation, installation, and acquisition. The ratio of current assets to current liabilities is known as a) Liquidity ratio b) Current ratio c) Acid-Test (or Quick) ratio d) Debts ratio. The assets that can be easily converted into cash within a short period, i.e., 1 year or less are known as. 14. 1 year or less) are known as. ... As a Prepaid within current assets (c) As a 'creditor due within one year' (d) As a creditor due after more than one year' ... Wrong! The long term assets that have no physical existence but are rights that have value is known as. Current ratio is also known as acid test ratio. C) Current assets. D) Investments. True. B) Fixed assets. a. These finance quiz are from basic finance theory, financial management, corporate finance, personal finance, and public finance. Fixed assets. D) Investments. 2. A) Current assets. Link to Finance MCQs (PDF) is given below. 16. Financial Statement MCQs is a set of important multi choice questions. The short-term financial needs of the companies are generally met from Trade Credit. Answer: A. b. Accounting Ratios MCQs Ratio Analysis MCQs (Multiple Choice Questions and Answers) Accounting Ratios MCQs Ratio Analysis MCQs (Multiple Choice Questions and Answers) Choose the correct answer: 1. MCQs for upcoming JKSSB Accounts Assistant Exam. 3. a. Accountancy MCQs for Class 12 Chapter Wise with Answers PDF Download was Prepared Based on Latest Exam Pattern. B) Fixed assets. 2. The assets that can be converted into cash within a short period (i.e. c. Intangible assets. B) Fixed assets. Fixed assets. c. Intangible assets. Current assets of a business should be financed through both long term and short-term liabilities. The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where. Current assets of a firm are those assets which could be consumed, exhausted or sold within a year. d. Investments. i.e., 1 year or less is known as Long term assets having no physical existence but, possessing a value are called. Proprietary ratio = Shareholder’s fund/Total assets. C) Intangible assets. ... A) Intangible assets. C) Current assets. 10. 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