Correct Answer: Option:

‘Question53:-Statement | : Quick ratio and absolute liquid ratio is the same.
Statement II: Quick ratio and acid test ratio is the same but absolute liquid ratio is different.
Which of the statements are correct 7.

‘AcStatement |
B:-Statement I
C-Statement land
D-None of these
Correct Answer:- Option ®
QuestionS4:-Sacrficing ratio is applicable in the case of
‘AcDeath of a partner
B:-Admission of a partner
C-Retirement of a partner
D-All of these
Correct Answer:- Option ®
QuestionS5:-Statement I: Another name for Benefit Cost Ratio is profitability index.

Statement II: Profitability index shows the relationship between present value of cash inflows and present value of cash outflows.
Which of the statements are correct ?

‘AcStatement I
B:-Statement |
C-Statement land
D-None of these
Correct Answer:- Option-C
QuestionS6:-Statement I : Average profit method of valuation of goodwill consider the average proft of last three or four years.

Statement Il: Super profit is the excess of actual profit over normal profi.
Statement Ill: Average profits are not capitalized under capitalization method.

‘AcStatement |is correct but Statement Ilis incorrect.
B:-Statement Il is correct but Statement Il is incorrect.
Statement I and Ilis correct but Statement Illis incorrect.
D-Statement | and ‏کا الا‎ correct but Statement Il is incorrect.
Correct Answer:- Option-C
೦0500೧57: technique in costing is used for ‘make or buy’ decisions.
AcTarget costing
B:-Marginal costing
C-Output costing
De-Batch costing
Correct Answer:- Option ®
QuestionS8:-Increase in the value of the firm from the payment of dividend is offset by decrease in market price of shares is explained in
‘A: Walter approach
B:-Gordon approach
C-raditional approach
D-Modigliani and Miller approach
Correct Answer:- Option-D
QuestionS9:-The overall cost of capital and cost of debt remain the same under
கில்‌ operating income approach
B:-Net income approach
C-raditional approach
D-None of these
Correct Answer:- Option-é
Question60::Which of the following formulae for profit volume ratio is correct ?
2. Contribution/Sales
b. Change in profit/Change in Sales
. Sales/Fixed cost
4. Variable cost/Sales

‘A-Option a and b