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Question 49 of 74 1 Points The return on capital is: A. A measure of net profit compared to capital B. A comparison of net profit to sales C. A measure of expenses compared to sales D. A) The margin that a business makes between the cost price and the selling price Reset Selection Question 50 of 74 1 Points The statement that explains the causes of differences between the Cash book and Bank statement is called: A. Bank statement B. Financial statements c. Bank reconciliation statement D. Statement of profit and loss and other comprehensive Income Reset Selection a A bank statement is prepared by the A. Accountant of the customer B. None of the above C. Financial institution D. Auditors Reset Selection Question 52 of 74 1 Points Cheques issued but not presented to the bank are called: A. Un-credited cheques B. Un-cleared cheques C. Un-collected cheques D. Un-presented cheques Reset Selection Question 53 of 74 1 Points Debit balance on the bank statement is an unfavourable balance. True False Reset Selection Next Save a estion 54 of 74 1 Paints A credit balance on the cash book is a tavourable balance True False Reset Selection ho astion 55 of 74 1 Points The bank balance as per bank statement is shown in the statement of financial position at the end of the year. True False Roset Selection Question 56 of 74 1 Points A bank reconciliation statement is prepared at the end of the accounting year only. True False Reset Selection DUS Next Save a hp estion 57 of 74 1 Points Only those items are recorded in the bank reconciliation statement that causes a difference in a balance of the cash book and the bank statement, True False Reset Selection Biot DE BP a (hp stion 58 of 74 1 Points A bank reconciliation statement can be started with cash book balance only. True False Reset Selection Next Save a