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 - 3
Question 1:
Current Ratio =
(a) Current Assets/Current Liabilities
(b) Liquid Assets/Current Liabilities
(c) Liquid Assets/Current Assets
(d) Fixed Assets/Current Assets
Correct Answer – (A)
Question 2:
The satisfactory ratio between internal and external equity is. :
(a) 1 : 2
(b) 2 : 1
(c) 3 : 1
(d) 4 : 1
Correct Answer – (B)
Question 3:
If sales is 7 4,20,000 sales returns is 7 20,000 and cost of goods sold 7 3,20,000 gross profit ratio will be :
(a) 20%
(b) 25%
(c) 15%
(d) 10%
Correct Answer – (A)
Question 4:
Operating Ratio is:
(a) Profitability Ratio
(b) Activity Ratio
(c) Solvency Ratio
(d) None of these
Correct Answer – (A)
Question 5:
The ideal liquid ratio is :
(a) 2 : 1
(b) 1 : 1
(c) 5 : 1
(d) 4 : 1
Correct Answer – (B)
MCQ Questions Class 12 Accounting Ratios With Answers
Question 6:
Current Ratio includes:
(a) Stock
(b) Debtors
(c) Cash
(d) All of these
Correct Answer – (C)
Question 7:
Stock turnover ratio comes under :
(a) Liquidity Ratio
(b) Profitability Ratio
(c) Activity Ratio
(d) None of these
Correct Answer – (C)
Question 8:
Profitability Ratio is generally shown in :
(a) Simple Ratio
(b) Percentage
(c) Times
(d) None of these
Correct Answer – (B)
Question 9:
The ideal current ratio is :
(a) 2 : 1
(b) 1 : 2
(c) 3 : 2
(d) 3 : 4
Correct Answer – (A)
Question 10:
Cost of goods sold :
(a) Sales – Net profit
(b) Sales – Gross profit
(c) Purchases – Opening Stock
(d) None of the above
