Pick out the wrong statement ? Options: A . &nbspGross revenue is that total amount of capital received as a result of the sale of goods or service B . &nbspNet revenue is the total profit remaining after deducting all costs excluding taxes C . &nbspThe ratio of immediately available cash to the total current liabilities is known as the cash ratio D . &nbspConsolidated income statement based on a given time period indicates surplus capital and shows the relationship among total income, costs & profit ove

Pick out the wrong statement ?

Question

Pick out the wrong statement ?

Options:

A . Gross revenue is that total amount of capital received as a result of the sale of goods or service

B . Net revenue is the total profit remaining after deducting all costs excluding taxes

C . The ratio of immediately available cash to the total current liabilities is known as the cash ratio

D . Consolidated income statement based on a given time period indicates surplus capital and shows the relationship among total income, costs & profit ove

Answer: Option B
NO EXPLANATION IS AVAILABLE FOR THIS QUESTION!

Was this answer helpful ?

Next Question

Submit Solution

More Questions on This Topic :

Question 1. A shareholder has ______________ say in the affairs of company management compared to a debenture holder ?....

Question 2. Which of the following does not come under the sales expenses for a product of a chemical plant ?....

Question 3. Pick out the correct statement ?....

Question 4. Pick out the wrong statement?....

Question 5. Pick out the wrong statement?....

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

DSP Combined 1 Free Revision Test SAIL JO E-0

GPOE / GPA Combined 1 Free Revision Test SAIL JO E-0

BSP Plant Specific Review Test SAIL JO E-0

BSL Combined 1 Free Revision Test SAIL JO E-0

GFM Combined 1 Free Revision Test SAIL JO E-0

Submit Solution

More Questions on This Topic :

Latest Videos

Latest Test Papers