Accounts - Principles of Accounts Questions
Question 2771:
The amount set aside out of profits<br/>earned by a company which is not meant forliability or contingency are ____
- A Dividends
- B Provisions
- C Retained profits
- D Reserves
Question 2772:
Which of the following attracts a fixedrate of dividend?
- A Ordinary shares
- B Founders’ shares
- C Preference shares
- D Deferred shares
Question 2773:
Which of the following ratios gives anidea of the liquidity of a firm?
- A Turnover ratio
- B Quick ratio
- C Debt ratio
- D Dividend yield.
Question 2774:
A pension granted to any past presidentor vice-president shall be charged to the____
- A Consolidated revenue fund
- B Special pension fund
- C Contingency fund
- D Development fund
Question 2775:
Public sector accounting is practiced in____.
- A Public limited companies
- B Government organizations
- C Profit making organizations
- D Public trading companies