What is the objective of preparing comparative statement of profit and loss

What is the objective of preparing comparative statement of profit and loss
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What is the objective of preparing comparative statement of profit and loss
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Study of the trend of the same items of two or more balance sheets a) Common size Profit and Loss A/C b) Common size balance sheet c) Comparative Income statement d) Comparative Balance Sheet

Description : Study of the trend of the same items of two or more balance sheets a) Common size Profit and Loss A/C b) Common size balance sheet c) Comparative Income statement d) Comparative Balance Sheet

Last Answer : Common size balance sheet

What is "book-building"? (1) Preparing the income and expenditure ledgers of a company (book-keeping) (2) Manipulating the profit and loss statements of a company (3) A process of inviting subscriptions to a public offer of securities, essentially through a tendering process (4) Publishers' activity

Description : What is "book-building"? (1) Preparing the income and expenditure ledgers of a company (book-keeping) (2) Manipulating the profit and loss statements of a company (3) A process of inviting subscriptions to a public offer of securities, essentially through a tendering process (4) Publishers' activity

Last Answer : (3) A process of inviting subscriptions to a public offer of securities, essentially through a tendering process Explanation: Book building refers to the process of generating, capturing, and recording investor ... a base price and a band within which the investor is allowed to bid for shares.

What is “book-building” ? (1) Preparing the income and expenditure ledgers of a company (book-keeping) (2) Manipulating the profit and loss statements of a company (3) A process of inviting subscriptions to a public offer of securities, essentially through a tendering process (4) Publishers’ activity

Description : What is book-building ? (1) Preparing the income and expenditure ledgers of a company (book-keeping) (2) Manipulating the profit and loss statements of a company (3) A process ... subscriptions to a public offer of securities, essentially through a tendering process (4) Publishers' activity

Last Answer : A process of inviting subscriptions to a public offer of securities, essentially through a tendering process

Which of the following is not the main objective of accounting? A] Systematic recording of transactions B] Ascertaining profit or loss C] Ascertainment of financial position D] Solving tax disputes with tax authorities

Description : Which of the following is not the main objective of accounting? A] Systematic recording of transactions B] Ascertaining profit or loss C] Ascertainment of financial position D] Solving tax disputes with tax authorities

Last Answer : D] Solving tax disputes with tax authorities

Edco Ltd. is preparing a written document specifying the framework and actions for implementing and controlling marketing activities. This document is called the A)profit centre. B)marketing programme. C)strategic market programme. D)strategic business plan. E)marketing plan.

Description : Edco Ltd. is preparing a written document specifying the framework and actions for implementing and controlling marketing activities. This document is called the A)profit centre. B)marketing programme. C)strategic market programme. D)strategic business plan. E)marketing plan.

Last Answer : E)marketing plan.

The term power budgeting refers to ∙ A. the cost of cable, connectors, equipment and installation ∙ B. the loss of power due to defective components ∙ C. the total power available minus the attenuation losses ∙ D. the comparative costs of fiber and copper installations

Description : The term power budgeting refers to ∙ A. the cost of cable, connectors, equipment and installation ∙ B. the loss of power due to defective components ∙ C. the total power available minus the attenuation losses ∙ D. the comparative costs of fiber and copper installations

Last Answer : C. the total power available minus the attenuation losses

‘Profit objective’ is of least priority in case of– (A) Private enterprise (B) Public enterprise (C) Department undertaking (D) Cooperative society

Description : ‘Profit objective’ is of least priority in case of– (A) Private enterprise (B) Public enterprise (C) Department undertaking (D) Cooperative society

Last Answer : Answer: Cooperative society

Objective of marketing is ______________ 1. Target market 2. Fulfil needs 3. Integrated Marketing4. Profit by customer satisfaction 5. All of the above

Description : Objective of marketing is ______________ 1. Target market 2. Fulfil needs 3. Integrated Marketing 4. Profit by customer satisfaction 5. All of the above

Last Answer : All of the above

For maximization in assignment problem, the objective is to maximize the a. Profit b. Optimization c. Cost d. None of the above

Description : For maximization in assignment problem, the objective is to maximize the a. Profit b. Optimization c. Cost d. None of the above

Last Answer : a. Profit

An objective function is maximized when it is a _______ function a. Passive b. Profit c. Cost d. None of the above

Description : An objective function is maximized when it is a _______ function a. Passive b. Profit c. Cost d. None of the above

Last Answer : b. Profit

Profit for the objective of calculating a ratio may be taken as A. Profit before tax but after interest B. Profit before interest and tax C. Profit after interest and tax D. All of the above

Description : Profit for the objective of calculating a ratio may be taken as A. Profit before tax but after interest B. Profit before interest and tax C. Profit after interest and tax D. All of the above

Last Answer : D. All of the above

If Nabisco established a pricing objective of selling one out of every three crackers consumed in the world, it would have established an objective based on: A)cash flow. B)market share. C)survival. D)return on investment. E)profit.

Description : If Nabisco established a pricing objective of selling one out of every three crackers consumed in the world, it would have established an objective based on: A)cash flow. B)market share. C)survival. D)return on investment. E)profit.

Last Answer : B)market share.

When a company adjusts price levels so that it can increase sales volume to levels that match the organisation's expenses, it is said to employ a ---- pricing objective. A)market share B)cash flow C)return on investment D)survival E)profit

Description : When a company adjusts price levels so that it can increase sales volume to levels that match the organisation's expenses, it is said to employ a ---- pricing objective. A)market share B)cash flow C)return on investment D)survival E)profit

Last Answer : D)survival

What type of pricing objective might an organisation set if it was already in a favourable financial position and desired nothing more? A)Return on investment B)Cash flow C)Profit D)Status quo E)Survival

Description : What type of pricing objective might an organisation set if it was already in a favourable financial position and desired nothing more? A)Return on investment B)Cash flow C)Profit D)Status quo E)Survival

Last Answer : D)Status quo

For a minimisation Transportation Problem, the objective is to minimise: a. Profit b. Cost c. Solution d. None of these

Description : For a minimisation Transportation Problem, the objective is to minimise: a. Profit b. Cost c. Solution d. None of these

Last Answer : b. Cost

In a maximisation assignment problem, the objective is to maximise ............................. a. Profit b. Cost c. Optimisation d. None of these

Description : In a maximisation assignment problem, the objective is to maximise ............................. a. Profit b. Cost c. Optimisation d. None of these

Last Answer : a. Profit

_______is the primary motive for a business enterprise. A. Profit. B. Maximize customers. C. Human objective. D. Maximize suppliers.

Description : _______is the primary motive for a business enterprise. A. Profit. B. Maximize customers. C. Human objective. D. Maximize suppliers.

Last Answer : A. Profit.

Cash flow is a part of a) Fund flow b) Balance sheet c) Income statement d) Comparative statement

Description : Cash flow is a part of a) Fund flow b) Balance sheet c) Income statement d) Comparative statement

Last Answer : c) Income statement

Expressed as a percentage of each asset to total a) Common size P/L A/C b) Common size Balance Sheet c) Comparative Income Statement d) Trend analysis

Description : Expressed as a percentage of each asset to total a) Common size P/L A/C b) Common size Balance Sheet c) Comparative Income Statement d) Trend analysis

Last Answer : b) Common size Balance Sheet

Under ------------------------ each item of expenses taken as a percentage on net sales a) Comparative income statement b) Comparative balance sheet c) Common size Balance sheet d) Common size Income Statement

Description : Under ------------------------ each item of expenses taken as a percentage on net sales a) Comparative income statement b) Comparative balance sheet c) Common size Balance sheet d) Common size Income Statement

Last Answer : d) Common size Income Statement

---------------- establishes the relationship of different individual items which same common items a) Common size statements b) Comparative statements c) Trend analysis d) Comparative Income Statement

Description : ---------------- establishes the relationship of different individual items which same common items a) Common size statements b) Comparative statements c) Trend analysis d) Comparative Income Statement

Last Answer : a) Common size statements

The statement prepared to disclose accounting information are known as----- a) Comparative statements b) Common size statements c) Financial statements d) None of the above

Description : The statement prepared to disclose accounting information are known as----- a) Comparative statements b) Common size statements c) Financial statements d) None of the above

Last Answer : c) Financial statements

(i) In statement of profit or loss, profit on sale of assets are _________ to closing capital.

Description : (i) In statement of profit or loss, profit on sale of assets are _________ to closing capital.

Last Answer : Fill in the Blanks : (i) In statement of profit or loss, profit on sale of assets are ... capital balance from __________ at the end of the year.

Statement of profit is just like Profit and Loss Account.

Description : Statement of profit is just like Profit and Loss Account.

Last Answer : State True or False with reasons: Statement of profit is just like Profit and Loss Account.

A statement of __________ is to be prepared in under to find out profit or loss under a single entry system. 

Description : A statement of __________ is to be prepared in under to find out profit or loss under a single entry system. 

Last Answer : A statement of __________ is to be prepared in under to find out profit or loss under a single entry system ... (c) Revenue (d) Profit or Loss

What is a Statement of Profit or Loss?

Description : What is a Statement of Profit or Loss?

Last Answer : What is a Statement of Profit or Loss?

What is the business definition for profit loss statement?

Description : What is the business definition for profit loss statement?

Last Answer : The business definition of the profit loss statement is a financial statement that explains your costs, expenses and revenues in a specific time period.

Where can I find a profit loss statement?

Description : Where can I find a profit loss statement?

Last Answer : A profit loss statement is a statement that summarizes costs, expenses, and revenues. Microsoft office has a downloadable profit loss statement template. The link to this template is http://office.microsoft.com/en-us/templates/profit-and-loss-statement-TC001115484.aspx

Government grants related to income as per the Accounting Standard (AS)-12 should be– (A) Presented as a credit in the statement of Profit and Loss (B) Presented as a deferred income on the asset side of the balance sheet (C) Presented as a capital grant on the liability side of balance sheet (D) Presented both in the Profit and Loss statement and in the balance sheet

Description : Government grants related to income as per the Accounting Standard (AS)-12 should be- (A) Presented as a credit in the statement of Profit and Loss (B) Presented as a deferred income on the asset ... of balance sheet (D) Presented both in the Profit and Loss statement and in the balance sheet

Last Answer : Answer: Presented both in the Profit and Loss statement and in the balance sheet

Cash Flow Statement is prepared from A. Profit and loss account B. Balance Sheet C. Additional Information D. All of the above

Description : Cash Flow Statement is prepared from A. Profit and loss account B. Balance Sheet C. Additional Information D. All of the above

Last Answer : D. All of the above

Return on investment is a---------------- a) Profit and loss account ratio b) Balance sheet ratio c) Combined ratio d) Position statement ratio

Description : Return on investment is a---------------- a) Profit and loss account ratio b) Balance sheet ratio c) Combined ratio d) Position statement ratio

Last Answer : c) Combined ratio

Afford full diagnosis of the profitability and financial position a) Preparation of Profit and Loss Account b) Balance Sheet c) Final Accounts d) Analysis of financial statement

Description : Afford full diagnosis of the profitability and financial position a) Preparation of Profit and Loss Account b) Balance Sheet c) Final Accounts d) Analysis of financial statement

Last Answer : d) Analysis of financial statement

-------- helps to disclose financial position a) Trial Balance b) Profit and Loss Account c) Balance sheet d) Income Statement

Description : -------- helps to disclose financial position a) Trial Balance b) Profit and Loss Account c) Balance sheet d) Income Statement

Last Answer : -------- helps to disclose financial position a) Trial Balance b) Profit and Loss Account c) Balance sheet d) Income Statement

Rudy wrote ideas for his report on preparing a supply kit in case of storms and other natural disasters. Which of these statements would BEST begin a paragraph about preparing a supply kit A)statement 1 B)statement 2 C)statement 3 D)statement 4?

Description : Rudy wrote ideas for his report on preparing a supply kit in case of storms and other natural disasters. Which of these statements would BEST begin a paragraph about preparing a supply kit A)statement 1 B)statement 2 C)statement 3 D)statement 4?

Last Answer : Statement 4

The following statement(s) is/are true concerning initial microbiologic diagnostic techniques. a. Appropriate expeditious transport of specimens to the microbiology laboratory is essential for obtaining accurate clinical information b. The use of potassium hydroxide in preparing a specimen slide for light microscopy will be useful in identification of anaerobic bacteria c. Antibiotic sensitivity is determined by exposing the specific microorganism to varying amounts of antibiotic with the concentration of the antibiotic inhibiting growth referred to as the MIC (minimal inhibitory concentration) d. Serum levels of antimicrobial agents should achieve in excess of a 4-to 8-fold increase over the MIC to be considered clinically efficacious.

Description : The following statement(s) is/are true concerning initial microbiologic diagnostic techniques. a. Appropriate expeditious transport of specimens to the microbiology laboratory is essential for obtaining accurate ... a 4-to 8-fold increase over the MIC to be considered clinically efficacious.

Last Answer : Answer: a, c, d Because most surgical infections are polymicrobial, specimens should be cultured for aerobic and anaerobic bacteria, as well as fungi. Although aerobic and aerotolerant ... fold increase over MIC during the peak serum level have been demonstrated to be clinically efficacious

When preparing the financial statements, it is acceptable for the auditor to prepare a. The footnotes for client. b. The statement for client. c. A draft of the statements and footnotes for client. d. A draft of the statements for client.

Description : When preparing the financial statements, it is acceptable for the auditor to prepare a. The footnotes for client. b. The statement for client. c. A draft of the statements and footnotes for client. d. A draft of the statements for client.

Last Answer : A draft of the statements and footnotes for client.

Pick up the correct statement from the following: (A) Blistering may be cured by applying water paint finished with oil paint dried with a little copal varnish (B) Cracked paints may be cured by removing paint and giving a fresh coat of paint (C) Crawling paints may be cured by sand preparing the surface and giving a fresh coat with plenty of turps (D) All the above

Description : Pick up the correct statement from the following: (A) Blistering may be cured by applying water paint finished with oil paint dried with a little copal varnish (B) Cracked paints may be cured by ... sand preparing the surface and giving a fresh coat with plenty of turps (D) All the above

Last Answer : Answer: Option D

While preparing Cash Flow Statement, non-cash items and non-operating items are not required to be adjusted under________ A. Indirect method B. Direct method C. Both a and b D. None of the above

Description : While preparing Cash Flow Statement, non-cash items and non-operating items are not required to be adjusted under________ A. Indirect method B. Direct method C. Both a and b D. None of the above

Last Answer : B. Direct method

How does the theory of comparative advantage relate to production possibility curves?

Description : How does the theory of comparative advantage relate to production possibility curves?

Last Answer : What homework is this for?

Donor aid statistics? Comparative effectiveness of large vs small orgs?

Description : Donor aid statistics? Comparative effectiveness of large vs small orgs?

Last Answer : answer:There are several web sites that grade charities. I don't know if they will give you what you are looking for but here are a few. They all seem to have their own criteria for the ... /www.charitywatch.org/index.html http://www.bbb.org/charity-reviews/national/ http://www.charitynavigator.org/

What is the Law of Comparative Advantage?

Description : What is the Law of Comparative Advantage?

Last Answer : You are over-thinking things. All it really says is that one country can make things cheaper. The concept of ceteris paribus is applied heavily in economics. It pretty much means that ... little thing into account. Sometimes you have to make calculations with as few variables as possible.

What is the comparative change in barren and waste land pattern in India between 1960-61 and 2008-09? -Geography

Description : What is the comparative change in barren and waste land pattern in India between 1960-61 and 2008-09? -Geography

Last Answer : Barren and wasteland in India decreased by 12.01% to 8.61% between 1960-61 and 2008-09. This was caused due to massive efforts by the government of India. They have introduced new ... and sowing of regular crops, encroachment of rural and urban settlements which place undue pressure on wastelands.

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Description : Give a comparative analysis of Sectional Interest Groups and Public Interest Groups. -SST 10th

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a historian uses the comparative method to _____ -General Knowledge

Description : a historian uses the comparative method to _____ -General Knowledge

Last Answer : A historian uses the comparative method to look at similarities and differences across cultures.

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Description : What is ‘Comparative Advertising’? -Technology

Last Answer : Comparative advertising compares one brand directly or indirectly with one or more competing brands. This is very common and is used by nearly every major industry. This type of advertising is particularly resorted to by companies that are introducing a new product in a competitive market.

What is comparative for new?

Description : What is comparative for new?

Last Answer : More

what is comparative of salty?

Description : what is comparative of salty?

Last Answer : sweet

What is the comparative and superlative of Dangerous?

Description : What is the comparative and superlative of Dangerous?

Last Answer : It is so easy

What is Comparative Degree ?

Description : What is Comparative Degree ?

Last Answer : The form of adjective used to compare the qualities , defects , condition, etc. of two nouns or pronouns is called Comparative Degree .

What is Comparative Scale ?

Description : What is Comparative Scale ?

Last Answer : Comparative scale is when multiple scales are drawn to compare different scales of one unit of measure . This type of scale is usually used to compare different units with distance , distance ... scale. This scale is only used to compare relationships between multiple scales of different units.