Question
Which of the following are limitations of ratio
analysis? A. Ratio analysis may result in false results if variations in price levels are not considered. B. Ratio analysis ignores qualitative factors C. Ratio Analysis ignores quantitative factors D. Ratio Analysis is historical analysis.Solution
The correct answer is A
A firm has a current ratio of 2:1 and quick ratio of 1.2:1. Its inventory is valued at ₹4 lakh. What is the amount of current liabilities?
Which of the following best describes "Ind-AS" in accounting?
Refer to the following information to answer the next 4 questions.
Which of the following in not a correct base adopted for apportionment of expenses over each department?
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(i) Financial Management as the name suggests is the manageme...
A fire loss incurred but not reported by balance sheet date is classified as:
Who is the regulator of the corporate sector?
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Parent Ltd. acquires 80% shares of Subsidiary Ltd. for ₹8,00,000 when Subsidiary’s net assets = ₹9,00,000. Calculate Minority Interest at acquisit...
