Accounts Receivable & Inventory are the examples of:
► Liquid assets
► Current assets correct
► Fixed assets
► Capital assets
Question No: 11 ( Marks: 1 ) - Please choose one
The Joint Stock Company is formed under the Companies Ordinance:
► 1984
► I884
► 1948
► 1965
Which one of the following statement is CORRECT about Long term
liabilities?
► These are due within one year
► These are consist of all debts, payable after 12 months
► In working capital, these are deducted from current assets
► All of the given options
Which of the following can offer its share to general public at large?
► A private limited company
► A listed company
► A partnership firm
► A trust
What would be the value of total factory cost, if the cost of material
consumed during the month is Rs. 6,000, labor cost incurred is Rs. 2,000 and
the factory over head cost is Rs. 2,500?
► Rs. 6,000
► Rs. 8,000
► Rs. 4,500
► Rs. 10,500
Which of the following is CORRECT?
► A cash inflow means increase total cash only
► A cash inflow means increase in cash equivalent only
► A cash inflow means increase in cash and decrease in cash equivalent
► A cash inflow means increase in both cash and cash equivalent
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