1. All of these ratios are indicators of efficiency of business operations, except:

a. receivables turnover ratio

b. earnings per share

c. assets turnover ratio

d. payables turnover ratio

2. Which of the following elements is not shown in the statement of financial position ?

a. Gain on asset revaluation

b. Accounts payable

c. Cash and Cash equivalents

d. Accrued Expenses

3. Where will the sale of land be shown while preparing the cash flow statement ?

a. Investing activities

b. Financing activities

c. Selling activities

d. Operating activities

4. Which of the following is included in the employee benefit ?

a. Fringe Benefits

b. Paid annual leave

c. Performance bonus

d. All the given options are employee benefits