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This section includes 59 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Commerce (B Com) knowledge and support exam preparation. Choose a topic below to get started.
51. |
The overall net increase or decrease in working capital is found out by preparing |
A. | fund flow statement |
B. | cash flow statement |
C. | statement showing changes in working capital |
D. | none of these |
Answer» D. none of these | |
52. |
An increase in current asset accompanied by the increase in current liabilities of the same amount will |
A. | improve short term financial position |
B. | not improve short term financial position |
C. | improve long term financial position |
D. | none of these |
Answer» C. improve long term financial position | |
53. |
While preparing statement, both capital and revenue items are considered. |
A. | fund flow statement |
B. | income statement |
C. | both of these |
D. | none of these |
Answer» B. income statement | |
54. |
Increase in Accounts payable when compared to previous year results in .of working capital |
A. | increase |
B. | decrease |
C. | no change |
D. | none of these |
Answer» C. no change | |
55. |
..is a tool of management for financial analysis and helps in making decisions. |
A. | fund flow statement |
B. | balance sheet |
C. | income statement |
D. | none of these |
Answer» B. balance sheet | |
56. |
statement shows changes in financial position and hence dynamic in nature |
A. | fund flow statement |
B. | balance sheet |
C. | income statement |
D. | none of these |
Answer» B. balance sheet | |
57. |
If the Gross sales of a concern is Rs.200000 and sales return is 20000, Gross profit is 150000.cost of goods sold is .. |
A. | 150000 |
B. | 30000 |
C. | 50000 |
D. | none of these |
Answer» C. 50000 | |
58. |
.is the dividend paid to the members of a company during a financial year before the finalization of annual accounts. |
A. | bonus |
B. | final dividend |
C. | interim dividend |
D. | none of these |
Answer» D. none of these | |
59. |
According to SEBI requirements Cash flow statement is prepared by categorizing cash flows into operating, investing and ..activities |
A. | financing |
B. | routine |
C. | long term |
D. | none of these |
Answer» B. routine | |