MCQ
Which function results can be displayed in Auto Calculate?
  • SUM and AVERAGE
  • B
    MAX and LOOK
  • C
    LABEL and AVERAGE
  • D
    MIN and BLANK

Answer

Correct option: A.
SUM and AVERAGE
A

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Similar questions

Discount on issue of debentures to be written off within 12 months of the balance sheet date or the period of operating cycle is shown under _____.
  1. Other Current Assets
  2. Current Assets
  3. Reserves and Surplus
  4. Other Current Liabilities
The part of authorised capital which can be called-up only on the company being wound up is called.
  1. Issued Capital.
  2. Unsubscribed Capital.
  3. Reserve Capital.
  4. None of these.
Goodwill of a company is shown on the assets side of the Balance Sheet under the head.
  1. Current Assets
  2. Non-current Assets
  3. Miscellaneous Expenditure
  4. None of these
Which of the following is not included in current assets?
  1. Debtors
  2. Opening Stock
  3. Cash at bank
  4. Cash in hand
Discount or Loss on issue of debentures is a ______and is written-off in the year when debentures are issued.
  1. Capital Profit
  2. Revenue Loss
  3. Capital Loss
  4. Revenue Expenses
Preparation of cash flow statement is:
  1. Mendatory
  2. Recommendatory
  3. Required under the Companies Act
  4. None of these
Which of the following is not required to be prepared under the Companies Act?
  1. Balance Sheet
  2. Statement of Profit & Loss
  3. Cash Flow Statement
  4. Auditor’s Report
Which one of the following statements is correct?
  1. Increases in liabilities are credits and decreases are debits.
  2. Increases in assets are credits and decreases are debits.
  3. Increases in capital are debits and decreases are credits.
  4. Increases in expenses are credits and decreases are debits.
…………..will result in increase in Liquid Ratio without affecting the Current Ratio.
Which of the following items is not an operating expense?
  1. Advertising
  2. Depreciation of office equipment
  3. General management salaries
  4. Loss on the sale of motor car