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Q. Cash flow statement is based on past records, so it is---------in nature

Q. Preliminary expenses written off is--------

Q. The ratio that shows the relationship between fixed asset to share holders fund

Q. Goodwill is a ---------------------transaction

Q. A segment of activity or area of operation for which revenues are accumulated is known as ------

Q. Ratio of net profit before interest and tax to sales is------------------------------

Q. Income tax paid should be shown separately as the cash flows from----------- activities.

Q. Stock in the beginning results in-----------

Q. Yard stick which measures relationship between two variables

Q. A system where accounting is established with responsibility