Scientific method for valuation of inventory is__ i. simple average method ii. FIFO method iii. weighted average method Which one is correct?

1.Which one is the basic foundation of partnership business?

2.Objective of financial statement analysis of a business are__ i. evaluating liquidity ii. evaluating performance of management iii. evaluating profit earning ability Which one is correct?

3.How many month's interest is to be charged on drawing if drawing is made at the

4.Market price of closing stock is Tk. 90,000 but purchase price is Tk.

5.Which one of the following is intangible asset?

6.Elements of conversion cost of manufacturing concern are__ i. Direct Labour ii. Factory Overhead iii. Direct Materials Which one is correct?

7.Which one is the standard of current ratio?

8.What is the amount of current liabilities if the current asset of a firm is Tk. 2,00,000 and current ratio is

9.What would be the amount of interest on Alam's capital?

10.In trial balance advertisement expense was Tk. 24,000. Adjustment states that goods distributed at free of cost Tk. 6,000 and

11.What is called the smallest portion of capital of a company?

12.Sources of raising fund of joint stock company are__ i. sale of ordinary share ii. Sale of Debenture iii. sale of preference share Which one is correct?