Essentials of Financial Accounting BBA MCQs Set 3

Q1. Rent account is a a. Nominal account b. Personal account c. Real account d. Liability account Answera. Nominal account Q2. —– is the profit before interest and tax: a. Net profit ratio. b. Gross profit ratio. c. Operating profit ratio. d. Earnings per share. Answerc. Operating profit ratio. Q3. What is the rule of…

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