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Select the most appropriate alternative from those given below and rewrite the sentences:

i. The methodical classification of financial statement is called ________

(a) an interpretation 

(b) an analysis 

(c) ratio 

(d) Profit and Loss A/c

ii. The short-term deposits are _________

(a) net cash 

(b) cash equivalent 

(c) cashflow 

(d) cash outflow

iii. Cash proceeds from issue of debentures is a _________ activity. 

(a) financial 

(b) non-financial 

(c) operating 

(d) trading

iv. The relationship between net profit before tax, interest and dividend and capital employed is known from ________

(a) Current ratio 

(b) Quick ratio 

(c) ROI 

(d) ROCE

v. Bills receivable is _________

(a) Liquid asset 

(b) Net profit 

(c) Current asset 

(d) Net loss

1 Answer

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Best answer

i. (b) an analysis

ii. (b) cash equivalent

iii. (a) financial

iv. (c) ROI

v. (c) Current asset

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