Current Assets $ 20,00,387.36; Current Liabilities $ 10,00,832.48 and Stock $ 2,00,942.56, by then what is liquid extent?

1. Prior period things ought to be showed up

i) In the current advantage and hardship account close by the standard activities

ii) In the current advantage and hardship account such that their impact on the current

iii) profit or incident can be viewed as changes as per holds

iv) As something alternate yet to be resolved sheet

2. A change in the surveyed life of the asset, which requires change in the downgrading, is a delineation of

i) Prior period thing

ii) Ordinary thing

iii) Extraordinary thing

iv) Change in the accounting check

3. A change in the accounting system should be made

i) When states so quick

ii) For consistence with an accounting standard

iii) For better presentation of monetary outlines

iv) All the previously mentioned.

4. Selling and scattering costs are avoided from cost of inventories since they

i) are immaterial

ii) do not relate to getting the inventories their present region and condition

iii) are period costs

iv) are equivalent to express customers

5. Livestock by virtue of mixed developing is

i) A fixed asset.

ii) A current asset.

iii) A wasting asset.

iv) A considerable asset.

6. Crops are regarded at

i) market cost

ii) Cost cost

iii) Capitalized regard

iv) Economic regard

7. Final records of a farmer can be set up under

i) Single segment method

ii) Double segment method

iii) Both single and twofold segment methods

iv) None of the previously mentioned

8. The cash book regularly kept up by the farmer is

i) petty cash book

ii) two-portion cash book

iii) Analytical cash book

iv) Three segment cash book

9. Livestock purchased will figure in

i) The bookkeeping report

ii) The trading account

iii) The advantage and setback account

iv) The current record

10 Which of coming up next is the essential objective of financial organization?

(A) Revenue Maximization

(B) Profit Maximization

(C) Wealth Maximization

(D) Cost Minimisation

11 Which one of the going with practices is outside the space of financing decision in money related organization?

(A) Identification of the wellspring of resources

(B) Measurement of the cost of resources

(C) Deciding on the hour of raising the resources

(D) Deciding on the use of the resources