Top 550+ Solved Management Accounting MCQ Questions Answer

From 196 to 210 of 731

Q. ---------------- ratio studies the firm’s ability to meet its long term financial position

a. Liquidity ratio

b. Profitability

c. Activity

d. Leverage

  • d. Leverage

Q. Operating ratio establishes the relationship between --------------- and net sales

a. Cost of goods sold

b. Cost of sales

c. Cost of production

d. Operating cost

  • d. Operating cost

Q. Coverage of fixed assets by shareholder’s equity is a good tests of----------------

a. solvency

b. liquidity

c. Activity

d. profitability

  • a. solvency

Q. Net worth refers to owner’s--------------------------

a. Equity

b. Solvency

c. Liability

d. None of these

  • a. Equity

Q. Ratio to assess the short term debt paying capacity of a firm is----------

a. Debt equity ratio

b. Propriety ratio

c. Liquid ratio

d. Solvency ratios

  • c. Liquid ratio

Q. The ratio which is used to ascertain the soundness of the long term financial position is------------

a. Debt equity ratio

b. Liquidity ratio

c. Activity ratio

d. Gross profit ratio

  • a. Debt equity ratio

Q. The ratio which is a good indicator to maintain the correct selling price and efficiency of trading activity is------

a. Net profit ratio

b. Gross profit ratio

c. Current ratio

d. Liquid ratios

  • b. Gross profit ratio

Q. Return on investment is a----------------

a. Profit and loss account ratio

b. Balance sheet ratio

c. Combined ratio

d. Position statement ratio

  • c. Combined ratio

Q. Debtors turnover ratio also known as----------

a. Payable turnover

b. Receivable turnover ratio

c. Creators turnover ratio

d. Debtors velocity

  • b. Receivable turnover ratio

Q. The ratio which indicates how quickly debtors are converted into cash is---------

a. Receivable turnover ratio

b. Inventory turnover ratio

c. Working capital turnover ratio

d. Creditors turnover ratio

  • a. Receivable turnover ratio

Q. Net capital employed is equal to ---------------

a. Total assets minus liabilities

b. Fixed asset plus net working capital

c. Total asset minus long-term liabilities

d. Total assets

  • b. Fixed asset plus net working capital
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