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Categories  >>  Accounting  >>  Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions
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 Accounting General interview questions  Accounting General Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
current ratio?  asked on 30/7/09
 Question Submitted By :: Rajasri.muddu
I also faced this Question!!     Rank Answer Posted By  
 
  Re: current ratio? asked on 30/7/09
Answer
# 1
Current ratio means this ratio measures the solvency of the 
company in the short term.
           
      Current Asset,loans & Advances 
______________________________________
      Current liabilities & provision

A high current ratio may be due to the piling up of 
inventory,ineffciency of collection of debtors,high 
balances in cash and bank a/c without proper investment 
etc.
 
Is This Answer Correct ?    18 Yes 0 No
Pranjal
 
  Re: current ratio? asked on 30/7/09
Answer
# 2
Current Ratio is used to assess the short term financial 
position of an enterprise.
 
Is This Answer Correct ?    8 Yes 1 No
Sheela Chandra
 
 
 
  Re: current ratio? asked on 30/7/09
Answer
# 3
current ratio=current assets/current liabilities

  *current assets can include only marketable securities.
  *creditors for capital WIP is to be excluded from current
liabilities.
 
Is This Answer Correct ?    5 Yes 0 No
Hari Enaganti.
 
  Re: current ratio? asked on 30/7/09
Answer
# 4
Current ratio means this ratio measures the solvency of the 
company in the short term.
           
      Current Asset,loans & Advances 
______________________________________
      Current liabilities & provision

A high current ratio may be due to the piling up of 
inventory,ineffciency of collection of debtors,high 
balances in cash and bank a/c without proper investment 
etc.
 
Is This Answer Correct ?    1 Yes 0 No
Durga Naidu
 

 
 
 
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Difference between Income & Expenditure A/c AND P/L a/c. Siemens3
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how many types of depreciation?  7
Why Bank Reconciliation is required?Other reconciliation you do? IBM1
what are concepts and conventions of accounting Infosys14
expand C B E C  2
Expand----------KIOCL  1
What is the significance of Journal entry  1
what are the golden rule of accounting. Patni9
What the difference between DUE & ACCRUAL?  2
What would happen to a company’s stock if it announced a large loss due to a write down on goodwill?  1
what are the characteristics of financial accounting Genpact4
Expand E M I  6
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Expand L I P  1
If you are making a transaction of Cash Purchase on 30th March and your accounting period ends on 31st March. Does it affect the Current Asset of the Company? FIC4
what is fundamentals of accounting ?  12
When we deposits FBT? How to calculate FBT?  1
 
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