12th Class Accountancy Financial Statement Of Company Question Bank MCQs - Financial Statements of a Company

  • question_answer
    Match the following :
    1. Trade Receivables with Operating Cycle of 20 Months and Expected Realisation Period is 15 months A. Non-current Assets
    2. Trade Payables with operating cycle of 10 months and Expected period of payment is 15 months B. Current Liabilities
    3. Trade Receivables with Operating Cycle of 11 Months and Expected Realisation Period is 15 months C. Non-current Liabilities
    4. Trade Payables with operating cycle of 18 months and Expected period of payment is 15 months D. Current Assets

    A) 1 D; 2 C ; 3 B ; 4 A

    B) 1 D; 2 C ; 3 A ; 4 B

    C) 1 D; 2 B ; 3 A ; 4 C

    D) 1 D; 2 A ; 3 C ; 4 B

    Correct Answer: B

    Solution :

    1 D; 2 C ; 3 A ; 4 B


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