MCQOPTIONS
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| 1. |
Assertion (A) : A high operating ratio indicates a favourable position.Reasoning (R) : A high operating ratio leaves a high margin to meet non operating expenses. |
| A. | (A) and (R) both are correct and (R) correctly explains (A). |
| B. | Both (A) and (R) are correct but (R) does not explain (A). |
| C. | Both (A) and (R) are incorrect. |
| D. | (A) is correct but (R) is incorrect. |
| Answer» D. (A) is correct but (R) is incorrect. | |