B:-Option cand d
೦೦೧0೦೧ a and d

D-All of these

Correct Answer:- Option-é

Question61:-Statement I : Accelerating cash collection through decentralized collection and lockbox system is a method of cash management.
Statement II: Controlling disbursement is also a method of cash management.

‘Ac Only Statement | correct,
B:-Both are incorrect
C-Only statement Ils correct
D-Both are correct
Correct Answer:- Option-D
Question62:-Expenses incurred in connection with obtaining a license for starting a factory is
‘Ac Revenue expenditure
B:-Capital expenditure
Partly revenue and partly capital expenditure
D-None of these
Correct Answer:- Option ®
Question63:-Efficiency ratios are also called as
AcAetivity ratios
B:-Tumover ratios
CeBoth activity and turnover ratios
D-None of these
Correct Answer:- Option-C
Question64:-The order in which the various assets and liabilities are shown in the balance sheet is called
‘A-Grouping
B:-Marshalling
CGrouping and Marshalling
D-None of these
Correct Answer:- Option ®
‘Question65:-The principle ‘anticipate no profit but provide for all probable losses" is called
‘Ac Materialty principle

B-Consistency principle

‘Timeliness principle
DConservatism principle
Correct Answer:- Option-D
Question66:-The excess of actual sales over break-even sales is called
AcMargin of safety
B:-PIV ratio
C:Breakeven point
D-None of these
Correct Answer:- Option-é
Question67:-A dividend which gives the assurance to pay in future is
‘AcCash dividend
B:-Scrip dividend
Property dividend
D-Stock dividend
Correct Answer:- Option ®
Question68::What is the treatment of goods sent on approval in trading account ?
‘Ac Deduction of sales value from sales

B:-Cost added to closing stock