When the concept of ratio is defined in respect to the item shown in the financial statements, it is termed as

Related MCQs

• In financial lease as per As-19 leased assets is shown in the Balanced sheet of--
• Earning per share is very important financial ratio is computed for assessing the state of --------------price of shares.
• AS-7 deals with accounting for construction contracts in financial statements of
• AS -26 deals with the treatment of costs of……………in financial statements.
• AS 15 deals with the accounting for retirement benefits in the financial statements of --------------
• …………….reporting helps uses of financial statements to better assess the risk and t returns of the enterprise.
• Liquid Ratio is also known as 2:1 ratio.
• Transfer of money from one place to another i.e. mail transfer is an item to be excluded from bills payable.
• Non-Banking Assets must be shown in the Balance Sheet in scheduled 8.
• Deposits from Society and individuals should be shown separately to the …….. side of balance sheet.