B:-Option cand d
೦೦೧0೦೧ a and d

०-५॥ of these

Correct Answer:- ೦೧000

Question61:-Statement |: 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 5 correct,
B:-Both are incorrect
C-Only statement ॥ 15 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
C-Both 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
AGrouping
B:-Marshalling
C=Grouping and Marshalling
D-None of these
Correct Answer: Option ®
Question65:-The principle ‘anticipate no profit but provide forall probable losses" is called
‘Ac Materialty principle

B:-Consistency principle

‘Timeliness principle
Conservatism principle
Correct Answer:- Option-D
Question66:-The excess of actual sales over break-even sales is called
‘Ac Margin of safety
B:-PIV ratio
C-Breakeven point
D-None of these
Correct Answer:- ೦೧000
Question67:-A dividend which gives the assurance to pay in future is
‘ACash dividend
B:-Scrip dividend
C=Property dividend
De-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