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Business

11th -

12thgrade

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Accountancy

4
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7 questions

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  • 1. Multiple Choice
    10 seconds
    1 pt
    Image

    Identify the asset

    Current assets

    Fixed assets

    Intangible assets

    Investments

  • 2. Multiple Choice
    20 seconds
    1 pt

    Liquid or Quick assets =

    Current assets - (Stock + Work in progress)

    Current assets + Stock + Work in progress

    (Current assets + Stock) + Work in progress

    (Current assets + Work in progress) - Stock

  • 3. Multiple Choice
    30 seconds
    1 pt

    Lower the Debt Equity ratio

    Lower the protection to creditors

    Higher the protection to creditors

    It does not affect the creditors

    None of the above

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