41. which EC directive standardized the form of accounts to which financial reports for external users must conform?
42. The account format that displays debits, credits, balances, and headings.
43. A Low Return on Investment Ratio (ROI) indicates
44. Which financial statement displays the revenues and expenses of a company for a period of time?
45. Which financial statement uses the expanded accounting equation?
46. Which of the following would not be found on a standardized balance sheet?
47. Following is (are) the characteristic(s) of a budget
48. Any written evidence in support of a business transaction is called
49. The ratios that refer to the ability of the firm to meet the short term obligations out of its short term resources
50. The measure of how efficiently the assets resources are employed by the firm is called
MCQ Multiple Choice Questions and Answers on Accounting
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Accounting Question and Answer
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