2. The CRF (ep) is also known as: [CRF(EP) - 8% - 7], where. The assets that can be converted into cash within a short period (i.e. A) Current assets. 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. D) Investments. ... 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! Question 3. This involves the cost incurred for transportation, installation, and acquisition. b. A) Intangible assets. C) Current assets. b. Current assets. 1 year or less) are known as. a. ... A) Intangible assets. Proprietary ratio = Shareholder’s fund/Total assets. 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. c. Intangible assets. B) Fixed assets. Current assets. c. Intangible assets. Which of the following financial statements is also known as financial condition? D) Investments. The cost concept is a traditional method concerning the asset is paid on the date of purchase and does not change year after year. 10. 3. Financial Statement MCQs is a set of important multi choice questions. The word ‘cost’ is also known as ‘money cost’ which is linked with the capital expenditure of a … B) Fixed assets. Finance multiple choice question (MCQs) test page-1. C) Intangible assets. True. a. The assets that can be easily converted into cash within a short period, i.e., 1 year or less are known as. These finance quiz are from basic finance theory, financial management, corporate finance, personal finance, and public finance. The short-term financial needs of the companies are generally met from Trade Credit. Current ratio is also known as acid test ratio. Current assets of a firm are those assets which could be consumed, exhausted or sold within a year. Current assets of a business should be financed through both long term and short-term liabilities. d. Investments. C) Current assets. Answer: A. Accountancy MCQs for Class 12 Chapter Wise with Answers PDF Download was Prepared Based on Latest Exam Pattern. The long term assets that have no physical existence but are rights that have value is known as. Link to Finance MCQs (PDF) is given below. i.e., 1 year or less is known as 16. B) Fixed assets. Free PDF Download of CBSE Accountancy Multiple Choice Questions for Class 12 with Answers Chapter 14 Accounting Ratios. Assets which are acquired and held permanently and used in the business with the objective of making profits is known as [A] fixed assets [B] current assets [C] intangible assets [D] none of the above; Answer: Option [A] 2. The assets that can be easily converted into cash within a short period i. Fixed assets. MCQs for upcoming JKSSB Accounts Assistant Exam. 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