In a partnership business without an agreement— i. 6% interest is charged on loans ii. Profits are distributed equally iii. 6% interest must be paid on drawings Which one is correct?

1.What is the sum of all direct costs in production accounting called?

2.

3.What is meant by Working Capital?

4.Which of the following is a Solvency Ratio?

5.Current Assets are 2,16,000 Tk and the Current Ratio is

6.A Receipt of Subscription

7.Sources of income for a non-profit organization are— i. Life membership subscription ii. Government grants iii. $Members^{\prime} subscription Which one is$ correct?

8.If the profit rate on sales is 25%, what is the profit rate on cost?

9.Components of Conversion Cost are— i. Direct Material ii. Direct Labor iii. Factory Overhead Which one is correct?

10.In a Periodic Inventory System, when can the value of inventory be determined?

11.What is the quantity of \end{ing}inventory (in units)?

12.What can you learn from a 'Bin $Card^{\prime}$?