Select the correct option to test your answer:
More Commerce Questions
A number of checks and controls exercised in a business to ensure its efficient working are known as . . . . . . . .
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Match both the lists and select the correct answer: List-I List-II a. Liquidity test 1. $$\frac{{{\text{All business creditors}}}}{{{\text{Average per day credit purchase}}}}$$ b. Functional ratio 2. $$\frac{{{\text{Subscribers fund}}}}{{{\text{Total assets}}}}$$ c. Prosperity 3. $$\frac{{{\text{Gross profit}}}}{{{\text{Net sales}}}} \times 100$$ d. General profitability 4. $$\frac{{{\text{Current assets}}}}{{{\text{Current liabilities}}}}$$