Which of the following is measured by retention ratio??
A. Operating efficiency
B. Asset use efficiency
C. Financial policy
D. Dividend policy Read More about this Mcq
A. Operating efficiency
B. Asset use efficiency
C. Financial policy
D. Dividend policy Read More about this Mcq
A. Purchases
B. Prompt payment
C. Sales
D. Sales return
A. 8,000 units
B. 11,000 units
C. 10,000 units
D. 9,000 units
A. Cost
B. Market price
C. Cost or Market price whichever is lower.
D. Cost less depreciation.
A. Stakeholders
B. Creditors and customs
C. Employees and suppliers
D. All of Them
A. To provide a basis for review of audit work
B. To provide a basis for subsequent audits
C. To ensure audit work is being carried out as per programme
D. To provide a guide for advising another client on similar issues
A. To be reliable, evidence should conclusive rather than persuasive
B. Effective internal control system provides reliable audit evidence
C. Evidence obtained from outside sources routed through the client
D. All are correct.
A. Net Profit will decrease by 3,140
B. Gross Profit will increase by 3,320
C. Gross Profit will decrease by 3,500
D. Gross Profit will decrease by 3,320
A. Age of Globalization
B. Industrial Age
C. Information Age
D. Production Age
A. Acceptor’s Account is debited in the books of drawer
B. Bills Receivable Account is credited in the books of drawer
C. Bank Account is debited in the books of drawer
D. Bills Payable Account is debited in the books of drawer