……………….means cash and other assets which are expected to be sold or consumed during the normal operating cycle of business.

Related MCQs

• According to SEBI requirements Cash flow statement is prepared by categorizing cash flows into operating, investing and …………..activities
• …………….assets are those which in the ordinary course of business can be converted into cash within a short period of time.
• Which among the following are examples of cash flow from operating activities ?
• Which among the following is not an example of cash flow from operating activities ?
• Cash, according to cash flow statement comprises of ……………
• ……………..means excess of current assets over current liabilities.
• ……………….is a statement which lists all the sources of funds and applications of funds taken place in a business during a particular period
• If the Gross sales of a concern is Rs.200000 and sales return is 20000, Gross profit is 150000.cost of goods sold is……………………..
• The analysis done by persons who have access to the books of account and other information related to the business is termed as……………
• Given opening stock is Rs.20000, Direct expenses 10000, Closing stock 5000.Cost of goods sold is ……………………