An increase in current asset accompanied by the increase in current liabilities of the same amount will………………… | Faculties

Home / Faculty / Accounting for Management / Question

M

Mr. Dubey • 51.43K Points
Coach

Q. An increase in current asset accompanied by the increase in current liabilities of the same amount will…………………

(A) improve short term financial position

(B) not improve short term financial position

(C) improve long term financial position

(D) none of these

Correct Answer - Option(B)

Previous

Next

Discusssion

Login to discuss.

Related Posts

Q. Assets and liabilities in a Balance sheet may be arranged in the order of …..

Q. Accounting designed to serve parties external to the operating responsibility of the firm is termed as…………….

Q. Which among the following is an example for horizontal analysis ?

Q. ……………….journal is used to record credit sale of goods

Q. ………………. are prepared so as to provide time perspective to the consideration of various elements of financial position embodied in such statements.

Q. The objective of financial accounting is to find out…………………..

Q. Which of the following best describes a fixed cost ?

Q. Management accounting is said to meet:

Q. The ratio of contribution to ……………. Is called P/V ratio

Q. The Branch of accounting concerned with collection, determining and controlling cost of products and services is called………………

View All Posts

More Faculties

Create Faculty

Business Law

Political Thought- Indian Traditions

Pharmaceutical Organic Chemistry 1

British Literature from Chaucer

Basics of Computer Architecture

General Economics 2

Modern Kerala Problems and Perspectives

Chhattisgarh GK in Hindi

International Business

Marketing Management

View all faculties