CBSE Class 12 Accounting Ratios Multiple Choice Questions with Answers. MCQ Questions Class 12 Accounting Ratios with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 12 Accounting Ratios with Answers to know their preparation level.
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MCQ Questions Class 12 Accounting Ratios with Answers - Set - 1
Question 1:Â
The gross profit ratio is the ratio of gross profit to :
(a) Net Cash Sales
(b) Net Credit Sales
(c) Closing Stock
(d) Net Total Sales
Correct Answer – (D)
Question 2:Â
Profitability Ratios are generally expressed in :
(a) Simple Ratio
(b) Percentage
(c) Times
(d) None of these
Correct Answer – (B)
Question 3:Â
Equity share capital ₹ 15,00,000
Reserve and Surplus ₹ 7,50,000
Total Assets ₹ 45,00,000
Properletory Ratio ?
(a) 50%
(b) 33.3%
(c) 200%
(d) 60%
Correct Answer – (A)
Question 4:Â
Which one of the following ratios is most important in determining the long-term solvency of a company ?
(a) Profitability Ratio
(b) Debt-Equity Ratio
(c) Stock Turnover Ratio
(d) Current Ratio
Correct Answer – (B)
Question 5:Â
Proprietory Ratio indicates the relationship between proprietor’s funds and _____________ .
(a) Reserve
(b) Share Capital
(c) Total Assets
(d) Debentures
Correct Answer – (C)
MCQ Questions Class 12 Accounting Ratios With Answers
Question 6:Â
The ratios are primarily measures of earning capacity of the business.
(a) Liquidity
(b) Activity
(c) Debt
(d) Profitability
Correct Answer – (D)
Question 7:Â
Total Assets ₹ 7,70,000
Total Liabilities ₹ 2,60,000
Current Liabilities ₹ 40,000
Total Assets to Debt Ratio is:
(a) 3.5 : 1
(b) 2.56 : 1
(c) 2.8 : 1
(d) 3 : 1
Correct Answer – (A)
Question 8:Â
Total Assets ₹ 8,10,000
Total Liabilities ₹ 2,60,000
Current Liabilities ₹ 40,000
Debt-equity ratio is:
(a) 0.05 : 1
(b) 0.4 : 1
(c) 2.5 : 1
(d) 4 : 1
Correct Answer – (C)
Question 9:Â
Proprietory ratio is calculated by the following formula:
(a) (Total Assets) / (Long Term Loans)
(b) (Tangible Assets) / (Long Term Loans)
(c) (Current Assets) / (Total Liabilities)
(d) (Total Assets) / (Total Liabilities)
Correct Answer – (C)
Question 10:Â
The formula for ascertaining Total Assets to Debt Ratio is:
(a) (Total Assets) / (Long Term Loans)
(b) (Tangible Assets) / (Long Term Loans)
(c) (Current Assets) / (Total Liabilities)
(d) (Total Assets) / (Total Liabilities)
