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{df`mMo kmZ

(PROFESSIONAL KNOWLEDGE)

Q.1.

Which accounting assumption assumes that an enterprise will continue in operation long enough to carry
out its existing objectives and commitments ?
(1) Monetary unit assumption
(2) Economic entity assumption
(3) Time period assumption
(4) Going concern assumption
(5) None of these

Q.2.

A measure of profitability is the

(1) current ratio
(4) working capital

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Q.3.
Q.4.

Pick the odd man out ------(1) Monitor

(2) Keyboard

(2) debt to total assets ratio

(5) None of these

(3) return on assets ratio

(COMPUTER KNOWLEDGE)
(3) Floppy Drive

Database is a ------(1) collection of unrelated facts

(2) collection of organized information in a structural way
(3) hardware storage area
(4) base in which computer can launch
(5) none of these

(4) Windows

(5) Hard Disk Drive

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boIm ghm`H$ (Accounts Assistant)

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