All those assets which are converted into cash in the normal course of business within one year are known as .

Related MCQs

• All those liabilities which are payable in cash in the normal course of business within a period of one year are called _.
• Where raw material is to pass certain stages, before it is converted into finished goods, the method of costing used is…………………
• An item of cost that is direct for one business may be ......................for another business.
• The budget prepared to estimate the expenditure on fixed assets is known as.
• The ratio which shows the proportion of profits retained in the business out of the current year’s profits is
• The ratios which reflect managerial efficiency in handling the assets is.
• The ratio which is calculated to measure the productivity of total assets is
• Fixed assets ratio is a
• Fixed assets turnover ratio is a
• Depreciation on fixed assets is .