Statement Analysis Tools and Accounting Ratios Test

Result

Statement Analysis Tools and Accounting Ratios Test - 3

Score
-
out of -
Rank
-
out of -

TIME Taken - -

SHARING IS CARING

If our Website helped you a little, then kindly spread our voice using Social Networks. Spread our word to your readers, friends, teachers, students & all those close ones who deserve to know what you know now.

Weekly Quiz Competition

Question 1
1 / -0

Which of the following is not source of cash?

A
Purchase of machinery

B
Sale of asset

C
Dividend received

D
Issue of shares

Solution

Purchase of machinery
Question 2
1 / -0

A Ltd engaged in the business retailing of Air-Conditioners, invested Rs. 25, 00,000 in the shares of a manufacturing company. Dividend received on this investment will be:

A
Cash flow from Investing activities

B
Cash flow from operating activities

C
Cash Equivalent

D
Cash flow from Financing activities

Solution

Cash flow from Investing activities
Question 3
1 / -0

When the concept of ratio is defined in respected to the items shown in the financial statements, it is termed as

A
Accounting ratio

B
Costing ratio

C
Financial ratio

D
None of these

Solution

Accounting ratio
Question 4
1 / -0

The definition, The term accounting ratio is used to describe significant relationship which exist between figures shown in a balance sheet, in a profit and loss account, in a budgetary control system or in a any part of the accounting organization is given by

A
Biramn and Dribin

B
J. Betty

C
Lord Keynes

D
None of these

Solution

J. Betty
Question 5
1 / -0

The relationship between two financial variables can be expressed in:

A
Pure ratio

B
Rate or time

C
Percentage

D
None of these

Solution

None of these
Question 6
1 / -0

Common Size financial statement is ----------------

A
Prepared by the Government

B
Vertical Analysis of financial statements

C
Calculation of Revenue from operations

D
Also known as Statement of P/L

Solution

Common Size financial statement is Vertical Analysis of financial statements in which each account is expressed as a percentage of the value of sales. It enables easy analysis between companies or between time periods of a company.
Question 7
1 / -0

Accounting Ratio is

A
Based on credit transactions only

B
tool used by individuals to conduct a quantitative analysis of information

C
Based on cash transactions only

D
It is arithmetical relationship between two accounting variables

Solution

Accounting Ratio is also called financial ratios provide a way of expressing the relationship between one accounting data point and another which is intended to provide a useful comparison.
Question 8
1 / -0

_____A tool used by individuals to conduct a quantitative analysis of information in a company's financial statements

A
Ratio analysis

B
Comparative Statements

C
Common Size Statements

D
Cash flow statement

Solution

Ratio Analysis is a tool used by individuals to conduct a quantitative analysis of information in a company's financial statements.
Question 9
1 / -0

Accounting Ratios can be expressed in ….

A
Fraction

B
Percentage

C
Times

D
All of these

Solution

Accounting Ratios can be expressed as follows:

a) Simple or pure ratio

b) Percentages

c) Rate
Question 10
1 / -0

If we deduct current liabilities from current assets, we get_________

A
Fixed Assets

B
Actual profit

C
Working Capital

D
Reserves and surplus

Solution

Formula of Calculating Working Capital: Working Capital = Current Assets – Current Liabilities

User

Question Analysis

Correct -
Wrong -
Skipped -

My Perfomance

Score
-
out of -
Rank
-
out of -

Re-Attempt Weekly Quiz Competition

Statement Analysis Tools and Accounting Ratios Test - 3

Result

Statement Analysis Tools and Accounting Ratios Test - 3

Score

-

Rank

-

SHARING IS CARING

Question 1

Purchase of machinery

Sale of asset

Dividend received

Issue of shares

Solution

Question 2

Cash flow from Investing activities

Cash flow from operating activities

Cash Equivalent

Cash flow from Financing activities

Solution

Question 3

Accounting ratio

Costing ratio

Financial ratio

None of these

Solution

Question 4

Biramn and Dribin

J. Betty

Lord Keynes

None of these

Solution

Question 5

Pure ratio

Rate or time

Percentage

None of these

Solution

Question 6

Prepared by the Government

Vertical Analysis of financial statements

Calculation of Revenue from operations

Also known as Statement of P/L

Solution

Question 7

Based on credit transactions only

tool used by individuals to conduct a quantitative analysis of information

Based on cash transactions only

It is arithmetical relationship between two accounting variables

Solution

Question 8

Ratio analysis

Comparative Statements

Common Size Statements

Cash flow statement

Solution

Question 9

Fraction

Percentage

Times

All of these

Solution

Question 10

Fixed Assets

Actual profit

Working Capital

Reserves and surplus

Solution

User

Question Analysis

My Perfomance

Score

-

Rank

-

Results Announcement on: coming Monday

Stay Tuned: We’ll update you on your result via email or SMS.