vu mgt101 Lecture No.45 - Quiz No.5
vu mgt101 Financial Accounting Quiz
This quiz belongs to book/course code vu mgt101 Financial Accounting of vu organization. We have 99 quizzes available related to the book/course Financial Accounting. This quiz has a total of 10 multiple choice questions (MCQs) to prepare and belongs to topic Lecture No.45. NVAEducation wants its users to help them learn in an easy way. For that purpose, you are free to prepare online MCQs and quizzes.
NVAEducation also facilitates users to contribute in online competitions with other students to make a challenging situation to learn in a creative way. You can create one to one, and group competition on an topic of a book/course code. Also on NVAEducation you can get certifications by passing the online quiz test.
Question 1: __________ is the proportion of current assets which are convertible into cash and current liabilities.
Current Ratio
Acid Test Ratio
Mark Up Cover Ratio
Debt Equity Ratio
Question 2: In Pakistan, maximum advised ratio is
60::20
60::40
30::70
None of the given
Question 3: __________ = Credit Purchases / Average Creditors
Creditor Turnover (Number of times)
Creditor Turnover (Number of days)
Debtor Turnover (Number of times)
Debtor Turnover (Number of days)
Question 4: __________ shows the proportion of current assets and current liabilities.
Current Ratio
Acid Test Ratio
Mark Up Cover Ratio
Debt Equity Ratio
Question 5: The benefit of net profit ratio is same as that of __________
Gross Profit Ratio
Net Profit Ratio
Stock Turnover Ratio
Debtors Turnover Ratio
Question 6: It helps the management to know about net profit.
Gross Profit Ratio
Net Profit Ratio
Stock Turnover Ratio
Debtors Turnover Ratio
Question 7: Stock Turnover (Number of times) =
(Cost of goods sold / Average stock)
(Cost of goods sold / Less stock)
(Cost of goods sold / More stock)
None of the given
Question 9: __________ = (Average Debtors / Credit Sales) x 365
Debtor Turnover (Number of times)
Debtor Turnover (Number of days)
Creditor Turnover (Number of times)
Creditor Turnover (Number of days)
Question 10: This ratio is calculated for the share holders of the company.
Gross Profit Ratio
Creditors Turnover Ratio
Return on Capital Employed Ratio
Debtors Turnover Ratio
