Using Accounting Software Set 11

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Which budget is prepared for a very short period?

  

    (A) Current budget

    (B) Long term budget

    (C) Rolling budget

    (D) Short term budget

Current budget

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Which ratio evaluate the availability of cash to pay debit?

  

    (A) Activity ratio

    (B) Debit ratio

    (C) Liquidity ratio

    (D) Market ratio

Liquidity ratio

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Which function key is used to enter payment?

  

    (A) F3

    (B) F5

    (C) F7

    (D) F9

F5

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Which report displays ledgers and group summary information for the selected cost centre?

  

    (A) Category summary

    (B) Cost centre Break-up

    (C) Ledger break-up

    (D) Group Break-up

Cost centre Break-up

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Which name indicates the decreasing value of an Asset?

  

    (A) Current asset

    (B) Depreciation

    (C) Indirect expenses

    (D) Sundry debitor

Depreciation

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