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12th Class - Accountancy - Part 1: Not-for-Profit Organisation and Partnership Accounts | Chapter: Comparative Statements MCQs

Dear candidates you will find MCQ questions of 12th Class - Accountancy - Part 1: Not-for-Profit Organisation and Partnership Accounts | Chapter: Comparative Statements here. Learn these questions and prepare yourself for coming examinations. You can check the right answer of any question by clicking the option or by clicking view answer button.
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(A) Comparative Statements
(B) Common Size Statements
(C) Accounting Ratios
(D) All of the above
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(A) Cash Flow Statement
(B) Fund Flow Statement
(C) Ratio Analysis
(D) No. of Employees Statement
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(A) Statement of Dividend Distribution
(B) Common Size Statements
(C) Ratio Analysis
(D) Comparative Statements
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(A) Comparative Statements
(B) Cash Flow Statement
(C) Statement of Affairs
(D) Trend Analysis
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(A) Fund Flow Statement
(B) Statement of Receipts and Payments
(C) Break Even Point
(D) Accounting Ratio
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(A) Cash Flow Statement
(B) Statement of Trade Receivables
(C) Common Size Statement
(D) Fund Flow Statement
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(A) To make the data simpler and understandable
(B) To indicate the trend
(C) To help in forecasting
(D) All of the Above
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(A) Comparison expressed in terms of absolute data
(B) Comparison expressed in terms of percentages
(C) Comparison expressed in terms of ratios
(D) All of the Above
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(A) Provides a summarized view of the operations of the firm
(B) Presents the financial position of the firm
(C) Presents the change in various items of balance sheet
(D) None of the above
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(A) Rate of increase or decrease in revenue from operations
(B) Rate of increase or decrease in cost of revenue from operations
(C) Rate of increase or decrease in net profit
(D) All of the above
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(A) Cumulative figures and averages
(B) Ratio Analysis
(C) Trend Analysis
(D) Dividend Analysis
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(A) Direct Expenses
(B) Operating Expenses
(C) Indirect Expenses
(D) None of the Above
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(A) Net Profit
(B) Operating Profit
(C) Gross Profit
(D) Total Profit
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(A) To know the percentage changes in items of Statement of Profit & Loss
(B) To show the change in financial position
(C) To know the absolute changes in items of Statement of Profit & Loss
(D) To compare the items of Statement of Profit & Loss of two years
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(A) Money Values
(B) Percentages
(C) Both Money Values and Percentages
(D) None of the above
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(A) Annual Report
(B) Cumulative figures and averages
(C) Ratio Method
(D) Absolute figure Comparison
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(A) Indicate the extent of change in assets and liabi lities
(B) Indicate the extent of change in items of Statement of Pofit & Loss
(C) Show effect of operative activities on assets and liabilities
(D) Show the direction of change in assets and liabilities
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(A) Break Even Point
(B) Trend Analysis
(C) Cash Flow Point
(D) Fund Flow Point
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(A) Operating Expenses
(B) Non-Operating Exp.
(C) Operating and Non-Operating Exp.
(D) None of the Above
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(A) Cost of Revenue from Operations
(B) Material consumed
(C) Opening Inventory + Purchases – Closing Inventory
(D) All of the above
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(A) Closing Inventory
(B) Opening Inventory
(C) Revenue from Operations
(D) Purchases
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(A) Direct Expenses
(B) Indirect Expenses
(C) Operating Expenses
(D) None of the Above
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(A) Trend Analysis
(B) Ratio Analysis
(C) Break-Even Point Analysis
(D) Fund Flow Statement Analysis
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