Challenger Logo

Challenger App

Get it on Google PlayGet it on App Store
Challenger App

No.1 PSC Learning App

★
★
★
★
★
1M+ Downloads
Get App
Payment of the trade creditors would:

Aincrease the current ratio, but the acid test ratio would not be affected

Bincrease both the current and acid test ratios

Cdecrease both the current and acid test ratios

Dhave no effect on the current and acid test ratios

Answer:

C. decrease both the current and acid test ratios

Read Explanation:

.

Related Questions:

താഴെ പറയുന്നവയി ഏതാണ് മൊത്തത്തിലുള്ള വിപണി വ്യതിയാനവുമായി ബന്ധമില്ലാത്തത്
Which one of the following is/are to be published or exhibited by Society in the Notice Board of society? I. Audit certificate. II. Statement of R and D for the year. III.Summary of defects. IV. Profit and Loss Account. V. Balance Sheet.
The following statements are related to duties, powers of Registrar related to settlement of disputes. Identify the statement(s) inappropriate as per provisions of Kerala Cooperative Societies Act. I. Registrar appointed as Arbitrator has no right to use word court in his proceedings and have jurisdiction to decide monitory disputes only. II.The Registrar or any person conferred with the powers of registrar is only a Quasi- Judicial authority and not a court. III. Monitory disputes relating to service matters are not to be adjudicated by Registrar. IV. The dispute in connection with employment of officers and their promotion and interse seniority are to be adjudicated by Registrar. V. The Registrar has the power to adjudicate upon the service disputes in a society.
Which of the following combination of nature of dispute and authority to whom it shall be referred is correct? I. Nature of Dispute and Authority Non-Monetary Dispute between Society and Creditor of Society- Cooperative Arbitration Court II. Non-Monetary Dispute between Society and Creditor of Society-Registrar III.Monetary Dispute between Society and Creditor of Society-Cooperative Arbitration Court IV.Monetary Dispute between Society and Creditor of Society-Registrar Combinations
The nature and type of state aid to cooperatives are depicted in the following table. Match the section as per Cooperative Societies Act and type or feature of state aid to cooperatives appropriately. Type/Nature of State Aid to Cooperatives - Section I. Direct Subscription to share capital by Govt. - a. Section 44 II. Principal State Partnership Fund - b. Section 50 III. Disposal of PSPF/SSPF - c. Section 42 IV. Disposal of share capital/dividend Section - Section 51