Matching Questions

Match List-I with List-II:List-IList-II(A) Meaning of Dissolution(I) Section 49 of the Partnership Act, 1932(B) Application of Assets(II) Section 39 of the Partnership Act, 1932(C) Private Debts Vs Firm's Debts(III) Section 4 of the Partnership Act, 1932(D) Nature of Partnership(IV) Section 48 of the Partnership Act, 1932Choose the correct answer from the options given below:

Match List-I with List-II:List-I (Ratio Category)List-II (Specific Ratio Example)(A) Liquidity Ratio(I) Interest Coverage Ratio(B) Profitability Ratio(II) Acid-Test Ratio(C) Solvency Ratio(III) Fixed Assets Turnover Ratio(D) Activity Ratio(IV) Return on Capital Employed RatioChoose the correct answer from the options given below:

Match List-I with List-II:List-IList-II(A) Statements indicating the relationship of different items of a financial statement with a common item by expressing each item as a percentage of that common item(I) Trend Analysis(B) Technique of studying the operational results and financial position over a series of consecutive years(II) Comparative Statements(C) Statements showing profitability and financial position for different periods of time to give an idea about the changes between two or more periods(III) Ratio Analysis(D) Describes the significant mathematical relationship which exists between various items of a balance sheet and a statement of profit and loss(IV) Common-Size StatementsChoose the correct answer from the options given below: