i. Secured creditors ii. Unsecured creditors iii. Partners who have granted loans iv. Partners who have contributed over and above profit sharing ratio Arrange them in correct sequence in the event of dissolution of a firm:  

i. Customer satisfaction ii. Business process improvement iii. Economic value added iv. Learning organization Choose the right combination  

Reason (R): Ratio analysis is not the only technique available to take investment decision. Codes:  

Reason (R): Future costs are taken into consideration in budgeting and standard costing. In the above two statements, which one alternative of the following is correct?  

Assertion (A): Only the relevant costs should be taken into consideration for decision making. Reason(R): All variable costs are relevant costs and all fixed are irrelevant costs. In the above two statements, which one alternative of the following is correct?    

  List  I List II (i) Earning ability of firm (a) Basis of Accounting (ii) Conservation (b) P/V ratio (iii) Cash profit (c) Cash Flow statement (iv) Cash and Accrual (d) Prudence

  List  I List II (i) Statement of changes in working capital (a) Cash flow statement (ii) Deferred capital (b) Fixed Assets (iii) Three activities (c) Funds Flow statement (iv) Impairment Loss (d) Balance sheet